Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against Binance−0.165%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.165%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.232% cheaper against Binance than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JOEUSDT | 0.03627 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $1.6M | $4.7M | 25x |
| Short | Bitget JOEUSDT | 0.03621 | 0.0100 | get 0.0100% / 8h | 1h 51m | $345K | $375K | 10x |
Binance JOEUSDT
Bitget JOEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.165% → +0.067%
- −$23.21
- Slippage, 4 orders
- −$95.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$140.29
- Costs to cover
- 1.171%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 24 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 1 min ago | 2.76 bp | 31.1 bp −$31 | 207.9 bp −$2,079 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 24 min ago | 16.53 bp | 43.4 bp −$43 | 310.7 bp −$3,107 | doesn't fit | doesn't fit |
JOE on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JOEUSDTlong | +0.0100% | 8h | 0.03627 | long leg | $1.6M | $4.7M | 25x | |
| Gate JOE_USDT | +0.0100% | 8h | 0.03625 | −0.055% | $85K | $76K | 20x | as long as short |
| MEXC JOE_USDT | +0.0100% | 8h | 0.03627 | 0.000% | $258K | $202K | 50x | as long as short |
| KuCoin JOEUSDTM | +0.0100% | 8h | 0.03618 | −0.248% | $247K | $297K | 20x | as long as short |
| Bitget JOEUSDTshort | +0.0100% | 8h | 0.03621 | −0.165% | $345K | $375K | 10x |
Gate JOE_USDT
MEXC JOE_USDT
KuCoin JOEUSDTM