Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.239%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.239%, 7d avg −0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.167% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USTCUSDT | 0.005854 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $221K | $130K | 50x |
| Short | Binance USTCUSDT | 0.005840 | 0.0100 | get 0.0050% / 4h | 2h 11m | $1.2M | $2.6M | 50x |
Bitget USTCUSDT
Binance USTCUSDTFunding 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
- $0
- Price spread: −0.239% → −0.072%
- −$16.74
- Slippage, 4 orders
- −$117.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.08
- Costs to cover
- 1.393%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 48 min ago; Binance: live order book, 9 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, 48 min ago | 5.12 bp | 26.1 bp −$26 | 190.8 bp −$1,908 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.71 bp | 37.8 bp −$38 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
USTC 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 USTCUSDTshort | +0.0100% | 4h | 0.005840 | −0.239% | $1.2M | $2.6M | 50x | |
| Bybit USTCUSDT | +0.0100% | 4h | 0.005840 | −0.239% | $365K | $239K | 20x | as long as short |
| Gate USTC_USDT | +0.0100% | 4h | 0.005840 | −0.239% | $69K | $75K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005843 | −0.188% | $566K | $162K | 100x | as long as short |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005833 | −0.357% | $507K | $68K | 30x | as long as short |
| Bitget USTCUSDTlong | +0.0100% | 4h | 0.005854 | long leg | $221K | $130K | 50x | |
| Variational Omni USTC | +0.0100% | 4h | 0.005841 | −0.215% | $3K | $2K | — | as long as short |
Bybit USTCUSDT
Gate USTC_USDT
MEXC USTC_USDT
KuCoin USTCUSDTM
Variational Omni USTC