Funding you earn now, next payment 00:00 UTC−0.0276%/8h= −30.2% APRnext payment −$1.38 per $10,000 · paid last 24h −0.114%
Price spread now: Bitget against Binance+0.050%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$455as in the Funding arb table
Net, price: spread back to 7d avg − costs−$434as in the Price arb table
costs, in and out, $10k−$4344.344% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.050%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TRUSTUSDT | 0.05966 | 0.0376 | pay 0.0188% / 4h | 2h 41m | $1.6M | $1.1M | 10x |
| Short | Bitget TRUSTUSDT | 0.05969 | 0.0100 | get 0.0050% / 4h | 2h 41m | $641K | $56K | 10x |
Funding 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
- −$57.92
- Price spread: +0.050% → +0.047%
- $0.28
- Slippage, 4 orders
- −$412.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$491.99
- Costs to cover
- 4.344%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 44 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, 7 min ago | 0.84 bp | 28.6 bp −$29 | 127.0 bp −$1,270 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 44 min ago | 3.34 bp | 177.4 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.05975 | +0.151% | $105K | $110K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.05988 | +0.369% | $490K | $20K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.05964 | −0.034% | $278K | $713K | 10x | as long as short |
| Bitget TRUSTUSDTshort | +0.0100% | 4h | 0.05969 | +0.050% | $641K | $56K | 10x | |
| MEXC TRUST_USDT | +0.0374% | 4h | 0.05965 | −0.017% | $196K | $91K | 50x | as long as short |
| Binance TRUSTUSDTlong | +0.0376% | 4h | 0.05966 | long leg | $1.6M | $1.1M | 10x | |
| Aster TRUSTUSDT | +0.0545% | 4h | 0.05968 | +0.034% | $9K | $6K | 5x | as long as short |
| BingX TRUST-USDT | +0.5376% | 4h | 0.05962 | −0.067% | — | $6.5M | — | as long as short |
| Bybit TRUSTUSDT | +0.5821% | 4h | 0.05935 | −0.520% | $505K | $210K | 25x | as long as short |
| Variational Omni TRUST | +0.7543% | 4h | 0.05940 | −0.444% | $54K | $408 | — | as long as short |
Binance TRUSTUSDT
Bitget TRUSTUSDT
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
KuCoin TRUSTUSDTM
MEXC TRUST_USDT
Aster TRUSTUSDT
BingX TRUST-USDT
Bybit TRUSTUSDT
Variational Omni TRUST