Funding you earn now, next payment 02:00 UTC−0.1276%/8h= −139.7% APRnext payment −$1.59 per $10,000 · paid last 24h −0.471%
Price spread now: Bitget against Binance+0.407%7-day average −0.320% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$1281.276% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 7 days−1.055%−$106 · spread now +0.407%, 7d avg −0.320%
=The price spread pays, funding is against you. Bitget is 0.727% dearer against Binance than usual: you sell high and buy low (spread +0.407% now, against its 7-day average of −0.320%): +$73 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.154% in total) that is about 33 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.004547 | −0.0708 | get 0.0089% / 1h | 56m 44s | $15.5M | $357.2M | 50x |
| Short | Bitget ONEUSDT | 0.004565 | −0.1984 | pay 0.0248% / 1h | 56m 44s | $2.0M | $35.8M | 20x |
Binance ONEUSDT
Bitget ONEUSDTFunding 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
- −$267.93
- Price spread: +0.407% → −0.320%
- $72.68
- Slippage, 4 orders
- −$105.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$322.83
- Costs to cover
- 1.276%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 1.12 bp | 13.5 bp −$14 | 101.5 bp −$1,015 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.77 bp | 35.9 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ONEUSDTshort | −0.1984% | 1h | 0.004565 | +0.407% | $2.0M | $35.8M | 20x | |
| Gate ONE_USDT | −0.1760% | 8h | 0.004501 | −1.009% | $1.8M | $16.2M | 20x | as long as short |
| Aster ONEUSDT | −0.1677% | 1h | 0.004566 | +0.414% | $2.4M | $6.9M | 5x | as long as short |
| BloFin ONE-USDT | −0.1668% | 1h | 0.004552 | +0.114% | $848K | $3.3M | 50x | as long as short |
| Variational Omni ONE | −0.1081% | 1h | 0.004413 | −2.950% | $107K | $55K | — | as long as short |
| MEXC ONE_USDT | −0.0768% | 1h | 0.004535 | −0.264% | $12.0M | $16.3M | 20x | as long as short |
| Binance ONEUSDTlong | −0.0708% | 1h | 0.004547 | long leg | $15.5M | $357.2M | 50x | |
| BingX ONE-USDT | −0.0072% | 1h | 0.004537 | −0.227% | — | $6.5M | — | as long as short |
| KuCoin ONEUSDTM | +0.3912% | 1h | 0.004769 | +4.885% | $4.8M | $13.1M | 30x | as long as short |
Gate ONE_USDT
Aster ONEUSDT
BloFin ONE-USDT
Variational Omni ONE
MEXC ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM