Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.174%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1551.548% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.174%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.120% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPELLUSDT | 0.00009204 | 0.0100 | pay 0.0100% / 8h | 36m 46s | $1.5M | $1.6M | 50x |
| Short | Bitget SPELLUSDT | 0.00009220 | 0.0100 | get 0.0100% / 8h | 36m 46s | $618K | $34K | 25x |
Binance SPELLUSDT
Bitget SPELLUSDTFunding 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 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: +0.174% → +0.053%
- $12.04
- Slippage, 4 orders
- −$132.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$142.71
- Costs to cover
- 1.548%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 38 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 Binance live order book, 12 min ago | 5.43 bp | 35.6 bp −$36 | 226.1 bp −$2,261 | 13399.7 bp −$1.34M | doesn't fit |
| Sell Bitget live order book, 38 min ago | 10.90 bp | 38.8 bp −$39 | 204.8 bp −$2,048 | doesn't fit | doesn't fit |
SPELL 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPELLUSDTlong | +0.0100% | 8h | 0.00009204 | long leg | $1.5M | $1.6M | 50x | |
| Gate SPELL_USDT | +0.0100% | 8h | 0.00009200 | −0.043% | $52K | $24K | 20x | as long as short |
| MEXC SPELL_USDT | +0.0100% | 8h | 0.00009190 | −0.152% | $329K | $115K | 20x | as long as short |
| KuCoin SPELLUSDTM | +0.0100% | 8h | 0.00009200 | −0.043% | $192K | $27K | 30x | as long as short |
| Bitget SPELLUSDTshort | +0.0100% | 8h | 0.00009220 | +0.174% | $618K | $34K | 25x | |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009204 | −0.002% | $893 | $788 | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.0793% | 1h | 0.00009206 | +0.020% | $15K | $2K | 10x | as long as short |
Gate SPELL_USDT
MEXC SPELL_USDT
KuCoin SPELLUSDTM
Variational Omni SPELL
Kraken Futures PF_SPELLUSD