Settings8H · net · $10k
Funding arb · Price arb /

OG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.002%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1341.344% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.002%, 7d avg +0.057%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.055% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance OGUSDT2.83520.0100pay 0.0050% / 4h1h 20m$1.9M$1.1M25x
ShortBitget OGUSDT2.83530.0100get 0.0050% / 4h1h 20m$259K$134K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.002% → +0.057%
−$5.54
Slippage, 4 orders
−$112.36
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$139.9
Costs to cover
1.344%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago3.54 bp35.5 bp −$35273.4 bp −$2,734doesn't fitdoesn't fit
Sell Bitget live order book, 35 min ago11.17 bp34.2 bp −$34138.6 bp −$1,386doesn't fitdoesn't fit

OG on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance OGUSDTlong+0.0100%4h2.8352long leg$1.9M$1.1M25x
Bybit OGUSDT+0.0100%8h2.8360+0.027%$531K$179K13xas long as short
Gate OG_USDT+0.0100%4h2.8270−0.291%$97K$30K25xas long as short
MEXC OG_USDT+0.0100%4h2.8350−0.009%$763K$230K50xas long as short
KuCoin OGUSDTM+0.0100%4h2.8331−0.076%$170K$60K25xas long as short
Bitget OGUSDTshort+0.0100%4h2.8353+0.002%$259K$134K20x
BingX OG-USDT+0.0100%4h2.8370+0.062%$6.5Mas long as short
Variational Omni OG+0.0100%8h2.8390+0.132%$1K$262as long as short