Settings8H · net · $10k
Funding arb · Price arb /

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h 0.000%
Price spread now: Bitget against Extended+0.296%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3703.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.296%, 7d avg +0.103%
Together, before fees−0.408%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.192% dearer against Extended than usual: you sell high and buy low (spread +0.296% now, against its 7-day average of +0.103%): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended US-USD0.016030.0224pay 0.0028% / 1h24m 23s$2K$203K5x
ShortBitget USUSDT0.016070.0100get 0.0050% / 4h24m 23s$4.2M$263K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$26.04
Price spread: +0.296% → +0.103%
$19.21
Slippage, 4 orders
−$353.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$377.23
Costs to cover
3.704%
Break-even
never at this rate
Slippage from Extended: live order book, 49 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 49 min ago6.44 bp103.7 bp −$104853.8 bp −$8,538doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago16.98 bp68.1 bp −$68251.2 bp −$2,512doesn't fitdoesn't fit

US on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin USUSDTM−0.1056%4h0.01595−0.516%$3.8M$480K20xas long as short
Aster USUSDT+0.0100%4h0.01596−0.434%$12K$53K5xas long as short
Bybit USUSDT+0.0100%4h0.01605+0.133%$3.2M$960K20xas long as short
Gate US_USDT+0.0100%4h0.01600−0.197%$2.0M$639K20xas long as short
Bitget USUSDTshort+0.0100%4h0.01607+0.296%$4.2M$263K10x
Variational Omni US+0.0100%4h0.01590−0.783%$16K$4Kas long as short
Extended US-USDlong+0.0224%1h0.01603long leg$2K$203K5x
MEXC US_USDT+0.0224%4h0.01604+0.090%$5.4M$116K100xas long as short
Binance USUSDT+0.0225%4h0.01604+0.046%$9.0M$3.4M10xas long as short
BingX US-USDT+0.0226%4h0.01604+0.083%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.0245%4h0.01590−0.784%$476K$47K10xas long as short