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+0.271%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1441.438% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.442%−$44 · spread now +0.271%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.290% dearer against Bitget than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PUNDIXUSDT | 0.1182 | 0.0100 | pay 0.0050% / 4h | 28m 41s | $229K | $228K | 20x |
| Short | Binance PUNDIXUSDT | 0.1185 | 0.0100 | get 0.0050% / 4h | 28m 41s | $1.4M | $1.7M | 50x |
Bitget PUNDIXUSDT
Binance PUNDIXUSDTFunding 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: +0.271% → −0.019%
- $29
- Slippage, 4 orders
- −$121.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.77
- Costs to cover
- 1.438%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 21 min ago; Binance: live order book, 5 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, 21 min ago | 4.67 bp | 41.1 bp −$41 | 208.5 bp −$2,085 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.96 bp | 36.6 bp −$37 | 197.0 bp −$1,970 | doesn't fit | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1185 | +0.271% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTshort | +0.0100% | 4h | 0.1185 | +0.271% | $1.4M | $1.7M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1188 | +0.508% | $754K | $432K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1183 | +0.118% | $37K | $9K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1184 | +0.245% | $2.4M | $105K | 50x | as long as short |
| Bitget PUNDIXUSDTlong | +0.0100% | 4h | 0.1182 | long leg | $229K | $228K | 20x | |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1187 | +0.418% | $2K | $42K | — | as long as short |
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Variational Omni PUNDIX