Funding you earn now, next payment 04:00 UTC+0.1524%/8h= +166.9% APRnext payment +$7.62 per $10,000 · paid last 24h +0.068%
Price spread now: Gate against Bitget−0.943%7-day average −0.733% · you buy dearer than you sell
Net, funding: paid 7d − costs−$895as in the Funding arb table
Net, price: spread back to 7d avg − costs−$962as in the Price arb table
costs, in and out, $10k−$9419.414% of the position
Funding, last 7 days+0.459%+$46 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.943%, 7d avg −0.733%
=Funding pays, the price is against you. Gate is 0.210% cheaper against Bitget than usual: you would sell low and buy high (spread −0.943% now, against its 7-day average of −0.733%). If the spread goes back, that is −$21 on $10k: about 11 hours of funding at the current rate (+$46 a day). At the pace of the last 7 days (+0.459% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.459% in total (about 23.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SIRENUSDT | 0.02440 | 0.1000 | pay 0.0500% / 4h | 1h 45m | $2.8M | $1.3M | 10x |
| Short | Gate SIREN_USDT | 0.02417 | 0.2524 | get 0.1262% / 4h | 1h 45m | $581K | $188K | 10x |
Bitget SIRENUSDT
Gate SIREN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $320.04
- Price spread: −0.943% → −0.733%
- −$20.96
- Slippage, 4 orders
- −$914.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$642.32
- Costs to cover
- 9.414%
- Break-even
- 21.0 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 16 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, 2 min ago | 10.27 bp | 29.6 bp −$30 | 345.8 bp −$3,458 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 6.18 bp | 146.5 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02423 | −0.697% | $2K | $1.0M | 20x | as long as short |
| Bitget SIRENUSDTlong | +0.1000% | 4h | 0.02440 | long leg | $2.8M | $1.3M | 10x | |
| KuCoin SIRENUSDTM | +0.1702% | 4h | 0.02425 | −0.615% | $990K | $390K | 10x | as long as short |
| Aster SIRENUSDT | +0.2130% | 4h | 0.02420 | −0.817% | $213K | $82K | 5x | as long as short |
| Binance SIRENUSDT | +0.2139% | 4h | 0.02422 | −0.738% | $8.4M | $3.3M | 10x | as long as short |
| MEXC SIREN_USDT | +0.2146% | 4h | 0.02421 | −0.779% | $696K | $128K | 100x | as long as short |
| BingX SIREN-USDT | +0.2166% | 4h | 0.02422 | −0.738% | — | $2.3M | — | as long as short |
| Gate SIREN_USDTshort | +0.2524% | 4h | 0.02417 | −0.943% | $581K | $188K | 10x | |
| Bybit SIRENUSDT | +0.9197% | 4h | 0.02437 | −0.123% | $1.9M | $2.4M | 5x | as long as short |
SunX SIREN-USDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
Bybit SIRENUSDT