Funding you earn now, next payment 02:00 UTC+0.2929%/8h= +320.7% APRpaid last 24h —
Price spread now: Deribit against Bitget+0.338%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—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 +$88 a day on $10k at the current rate, and Deribit is 0.338% dearer against Bitget than usual: you sell high and buy low: +$34 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 | Bitget TOWNSUSDT | 0.002070 | 0.0688 | pay 0.0344% / 4h | 2h 31m | $339K | $48K | 5x |
| Short | Deribit TOWNS_USDC-PERPETUAL | 0.002077 | 0.3617 | get 0.0452% / 1h | 31m 06s | — | — | 25x |
Bitget TOWNSUSDT
Deribit TOWNS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $615.01
- Price spread: +0.338% → 0.000%
- $33.82
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $629.82
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 29 min ago; Deribit: no order-book sample. 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 Bitget live order book, 29 min ago | 9.70 bp | 53.4 bp −$53 | 811.8 bp −$8,118 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.
TOWNS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002071 | +0.048% | $372K | $115K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002069 | −0.048% | $71K | $19K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002074 | +0.178% | $194 | $555 | — | as long as short |
| Aster TOWNSUSDT | +0.0222% | 4h | 0.002072 | +0.097% | $10K | $6K | 5x | as long as short |
| MEXC TOWNS_USDT | +0.0364% | 4h | 0.002071 | +0.048% | $397K | $125K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0366% | 4h | 0.002071 | +0.048% | $2.0M | $1.3M | 10x | as long as short |
| Coinbase International TOWNS-PERP-INTX | +0.0392% | 1h | 0.002171 | +4.879% | $81K | $4K | 25x | as long as short |
| BingX TOWNS-USDT | +0.0650% | 4h | 0.002071 | +0.048% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDTlong | +0.0688% | 4h | 0.002070 | long leg | $339K | $48K | 5x | |
| KuCoin TOWNSUSDTM | +0.0890% | 4h | 0.002071 | +0.048% | $247K | $30K | 10x | as long as short |
Bybit TOWNSUSDT
Gate TOWNS_USDT
Variational Omni TOWNS
Aster TOWNSUSDT
MEXC TOWNS_USDT
Binance TOWNSUSDT
Coinbase International TOWNS-PERP-INTX
BingX TOWNS-USDT
KuCoin TOWNSUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUALshort | +0.3617% | 1h | 0.002077 | +0.338% | — | — | 25x |