Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.079%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.079%, 7d avg +0.122%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUALUSDT | 0.01355 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $2.1M | $3.5M | 50x |
| Short | Bitget USUALUSDT | 0.01356 | 0.0100 | get 0.0050% / 4h | 2h 16m | $821K | $506K | 50x |
Binance USUALUSDT
Bitget USUALUSDTFunding 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
- $0
- Price spread: +0.079% → +0.122%
- −$4.33
- Slippage, 4 orders
- −$98.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$125.17
- Costs to cover
- 1.208%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 1.84 bp | 20.0 bp −$20 | 141.7 bp −$1,417 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.36 bp | 24.6 bp −$25 | 149.6 bp −$1,496 | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4964% | 1h | 0.01343 | −0.881% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0744% | 1h | 0.01356 | +0.054% | $110K | $23K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01355 | +0.005% | $387K | $230K | 3x | as long as short |
| Binance USUALUSDTlong | +0.0100% | 4h | 0.01355 | long leg | $2.1M | $3.5M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01356 | +0.108% | $999K | $939K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01357 | +0.152% | $906K | $251K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01355 | +0.005% | $5.9M | $268K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01358 | +0.226% | $281K | $64K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01356 | +0.079% | $821K | $506K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01356 | +0.101% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01361 | +0.420% | $9K | $208 | — | as long as short |
Variational Omni USUAL