Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against Bitget−0.060%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$830.827% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now −0.060%, 7d avg −0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSDT | 0.03914 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $1.2M | $2.5M | 50x |
| Short | Binance SUSDT | 0.03912 | 0.0100 | get 0.0050% / 4h | 1h 01m | $5.3M | $18.0M | 75x |
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 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: −0.060% → −0.040%
- −$1.95
- Slippage, 4 orders
- −$60.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$84.65
- Costs to cover
- 0.827%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 11 min ago; Binance: live order book, 9 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, 11 min ago | 5.13 bp | 21.1 bp −$21 | 68.8 bp −$688 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.28 bp | 19.0 bp −$19 | 58.0 bp −$580 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.2080% | 1h | 0.03840 | −1.891% | $23K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1598% | 1h | 0.03912 | −0.055% | $33K | $25K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −2.248% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0957% | 4h | 0.03896 | −0.461% | $606K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0198% / S +0.0192% | 1h | 0.03921 | +0.169% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03911 | −0.071% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03920 | +0.161% | $604 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0031% | 4h | 0.03918 | +0.102% | $100K | $343K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.752% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03920 | +0.153% | $164K | $223K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03918 | +0.100% | $982K | $713K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03920 | +0.143% | $43K | $212K | 10x | as long as short |
| Binance SUSDTshort | +0.0100% | 4h | 0.03912 | −0.060% | $5.3M | $18.0M | 75x | |
| Bybit SUSDT | +0.0100% | 4h | 0.03906 | −0.204% | $5.6M | $5.4M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03912 | −0.051% | $975K | $5.4M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03910 | −0.102% | $319K | $266K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03918 | +0.102% | $3.6M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03914 | 0.000% | $1.8M | $3.0M | 50x | as long as short |
| Bitget SUSDTlong | +0.0100% | 4h | 0.03914 | long leg | $1.2M | $2.5M | 50x | |
| BingX S-USDT | +0.0100% | 4h | 0.03914 | 0.000% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03910 | −0.102% | $25K | $452K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03913 | −0.032% | $219K | $877K | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0260% | 1h | 0.03923 | +0.230% | $66K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03914 | 0.000% | $266K | $125K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0394% | 1h | 0.03920 | +0.153% | $114K | $302K | 5x | as long as short |
Bitget SUSDT
Binance SUSDT
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
BloFin S-USDT
Backpack S_USDC_PERP