Funding you earn now, next payment 04:00 UTC+1.0084%/8h= +1104.2% APRpaid last 24h +2.218%
Price spread now: Bitget against 01 Exchange+3.325%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$303 a day on $10k at the current rate, and Bitget is 3.325% dearer against 01 Exchange than usual: you sell high and buy low: +$332 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03970 | −0.9984 | get 0.1248% / 1h | 56m 07s | $25K | $2K | 5x |
| Short | Bitget SUSDT | 0.04102 | 0.0100 | get 0.0050% / 4h | 56m 07s | $1.2M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against 01 Exchange. 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
- $2,117.64
- Price spread: +3.325% → 0.000%
- $332.49
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2,431.13
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 8.57 bp | 24.5 bp −$25 | 88.5 bp −$885 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 SUSDlong | −0.9984% | 1h | 0.03970 | long leg | $25K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.2493% | 1h | 0.04094 | +3.128% | $34K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1376% | 1h | 0.04022 | +1.310% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04107 | +3.443% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04098 | +3.227% | $4 | — | 15x | as long as short |
| Variational Omni S | −0.0076% | 4h | 0.04088 | +2.976% | $635K | $31K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04104 | +3.384% | $3K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.275% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04104 | +3.375% | $102K | $308K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04106 | +3.426% | $172K | $153K | 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 | 0.04104 | +3.365% | $1.0M | $559K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04097 | +3.191% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04102 | +3.322% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04098 | +3.224% | $5.9M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04099 | +3.249% | $1.1M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04097 | +3.199% | $337K | $186K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04102 | +3.325% | $4.0M | $1.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04100 | +3.275% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDTshort | +0.0100% | 4h | 0.04102 | +3.325% | $1.2M | $2.1M | 50x | |
| BingX S-USDT | +0.0100% | 4h | 0.04100 | +3.275% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04100 | +3.275% | $25K | $452K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04099 | +3.246% | $230K | $1.1M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0237% | 1h | 0.04109 | +3.501% | $69K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04089 | +2.997% | $283K | $99K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0502% | 1h | 0.04100 | +3.275% | $120K | $389K | 5x | as long as short |
01 Exchange SUSD
Bitget SUSDT
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance 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