Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.073%7-day average +0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1691.692% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.073%, 7d avg +0.170%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.243% cheaper against Bitget than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.170%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDERUSDT | 0.04065 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $482K | $250K | 20x |
| Short | Binance ORDERUSDT | 0.04062 | 0.0100 | get 0.0050% / 4h | 3h 09m | $1.4M | $1.8M | 50x |
Bitget ORDERUSDT
Binance ORDERUSDTFunding 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 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: −0.073% → +0.170%
- −$24.32
- Slippage, 4 orders
- −$147.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$193.51
- Costs to cover
- 1.692%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 37 min ago; Binance: live order book, 10 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 Bitget live order book, 37 min ago | 9.84 bp | 51.7 bp −$52 | 278.7 bp −$2,787 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.68 bp | 38.1 bp −$38 | 205.3 bp −$2,053 | doesn't fit | doesn't fit |
ORDER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDT | +0.0082% | 8h | 0.04055 | −0.246% | $65K | $7K | 16x | as long as short |
| Binance ORDERUSDTshort | +0.0100% | 4h | 0.04062 | −0.073% | $1.4M | $1.8M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04050 | −0.369% | $1.3M | $724K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04058 | −0.172% | $168K | $286K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04070 | +0.123% | $76K | $46K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04061 | −0.098% | $275K | $102K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04064 | −0.025% | $224K | $78K | 30x | as long as short |
| Bitget ORDERUSDTlong | +0.0100% | 4h | 0.04065 | long leg | $482K | $250K | 20x | |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04067 | +0.049% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04059 | −0.154% | $10K | $2K | — | as long as short |
BloFin ORDER-USDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0557% | 4h | 0.04061 | −0.098% | $191K | $135K | 10x | as long as short |
Orderly PERP_ORDER_USDC