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

POWR

all POWR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.094%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.094%, 7d avg +0.012%
Together, before fees+0.268%+$27 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 0.106% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POWRUSDT0.063760.0100pay 0.0050% / 4h3h 23m$1.4M$2.2M50x
ShortBitget POWRUSDT0.063700.0100get 0.0050% / 4h3h 23m$371K$202K50x

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: −0.094% → +0.012%
−$10.58
Slippage, 4 orders
−$113.59
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.17
Costs to cover
1.356%
Break-even
never at this rate
Slippage from Binance: live order book, 11 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.58 bp35.9 bp −$36180.6 bp −$1,806doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago7.88 bp28.6 bp −$29214.2 bp −$2,142doesn't fitdoesn't fit

POWR on 10 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
BingX POWR-USDT+0.0070%4h0.06370−0.094%$1.3Mas long as short
Aster POWRUSDT+0.0100%4h0.06370−0.096%$13K$44K5xas long as short
Binance POWRUSDTlong+0.0100%4h0.06376long leg$1.4M$2.2M50x
Bybit POWRUSDT+0.0100%4h0.06364−0.188%$916K$539K13xas long as short
Gate POWR_USDT+0.0100%4h0.06350−0.408%$106K$28K10xas long as short
MEXC POWR_USDT+0.0100%4h0.06373−0.047%$1.1M$112K50xas long as short
KuCoin POWRUSDTM+0.0100%4h0.06388+0.188%$643K$104K30xas long as short
Bitget POWRUSDTshort+0.0100%4h0.06370−0.094%$371K$202K50x
Variational Omni POWR+0.0450%4h0.06342−0.537%$508$2Kas long as short
Kraken Futures PF_POWRUSD+0.1181%1h0.06397+0.326%$16K$11K10xas long as short