Funding you earn now, next payment 00:00 UTC+0.0229%/8h= +25.1% APRnext payment +$1.15 per $10,000 · paid last 24h +0.114%
Price spread now: Binance against Bitget−0.013%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$526as in the Funding arb table
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5475.467% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.013%, 7d avg −0.050%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TRUSTUSDT | 0.06016 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $646K | $57K | 10x |
| Short | Binance TRUSTUSDT | 0.06015 | 0.0329 | get 0.0165% / 4h | 1h 15m | $1.6M | $1.1M | 10x |
Bitget TRUSTUSDT
Binance TRUSTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $48.12
- Price spread: −0.013% → −0.050%
- $3.7
- Slippage, 4 orders
- −$524.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$494.86
- Costs to cover
- 5.467%
- Break-even
- 79.0 days
Slippage from Bitget: live order book, 65 min ago; Binance: live order book, 3 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, 65 min ago | 5.83 bp | 232.2 bp −$232 | 15984.9 bp −$159.8K | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.49 bp | 60.4 bp −$60 | 613.9 bp −$6,139 | 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 | 0.06017 | +0.017% | $107K | $115K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06031 | +0.249% | $494K | $21K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06009 | −0.116% | $284K | $727K | 10x | as long as short |
| Bitget TRUSTUSDTlong | +0.0100% | 4h | 0.06016 | long leg | $646K | $57K | 10x | |
| MEXC TRUST_USDT | +0.0328% | 4h | 0.06014 | −0.033% | $200K | $95K | 50x | as long as short |
| Binance TRUSTUSDTshort | +0.0329% | 4h | 0.06015 | −0.013% | $1.6M | $1.1M | 10x | |
| Aster TRUSTUSDT | +0.0438% | 4h | 0.06003 | −0.223% | $10K | $6K | 5x | as long as short |
| BingX TRUST-USDT | +0.4360% | 4h | 0.06011 | −0.083% | — | $6.5M | — | as long as short |
| Bybit TRUSTUSDT | +0.4593% | 4h | 0.05986 | −0.499% | $500K | $215K | 25x | as long as short |
| Variational Omni TRUST | +0.5676% | 4h | 0.05993 | −0.386% | $54K | $409 | — | as long as short |
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
KuCoin TRUSTUSDTM
MEXC TRUST_USDT
Aster TRUSTUSDT
BingX TRUST-USDT
Bybit TRUSTUSDT
Variational Omni TRUST