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: Binance against Bitget+0.003%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as 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)−0.036%−$4 · spread now +0.003%, 7d avg −0.057%
Together, before fees−0.044%−$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: Binance is 0.061% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OGUSDT2.83490.0100pay 0.0050% / 4h1h 20m$259K$134K20x
ShortBinance OGUSDT2.83500.0100get 0.0050% / 4h1h 20m$1.9M$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.003% → −0.057%
$6.07
Slippage, 4 orders
−$112.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$128.29
Costs to cover
1.344%
Break-even
never at this rate
Slippage from Bitget: live order book, 34 min ago; Binance: live order book, 13 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 Bitget live order book, 34 min ago11.17 bp27.2 bp −$27228.1 bp −$2,281doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago3.54 bp37.5 bp −$38142.0 bp −$1,420doesn'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 OGUSDTshort+0.0100%4h2.8350+0.003%$1.9M$1.1M25x
Bybit OGUSDT+0.0100%8h2.8360+0.039%$531K$179K13xas long as short
Gate OG_USDT+0.0100%4h2.8270−0.279%$97K$30K25xas long as short
MEXC OG_USDT+0.0100%4h2.8340−0.032%$764K$230K50xas long as short
KuCoin OGUSDTM+0.0100%4h2.8331−0.063%$170K$60K25xas long as short
Bitget OGUSDTlong+0.0100%4h2.8349long leg$259K$134K20x
BingX OG-USDT+0.0100%4h2.8370+0.074%$6.5Mas long as short
Variational Omni OG+0.0100%8h2.8390+0.144%$1K$262as long as short