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−0.180%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.180%, 7d avg −0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.094% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VELODROMEUSDT | 0.03001 | 0.0100 | pay 0.0050% / 4h | 51m 23s | $534K | $24K | 20x |
| Short | Binance VELODROMEUSDT | 0.02996 | 0.0100 | get 0.0050% / 4h | 51m 23s | $7.7M | $1.5M | 50x |
Bitget VELODROMEUSDT
Binance VELODROMEUSDTFunding 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: −0.180% → −0.086%
- −$9.37
- Slippage, 4 orders
- −$127.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$159
- Costs to cover
- 1.496%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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, 3 min ago | 14.30 bp | 43.6 bp −$44 | 691.1 bp −$6,911 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.33 bp | 27.8 bp −$28 | 176.5 bp −$1,765 | doesn't fit | doesn't fit |
VELODROME 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 VELODROMEUSDTshort | +0.0100% | 4h | 0.02996 | −0.180% | $7.7M | $1.5M | 50x | |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02992 | −0.310% | $802K | $331K | 20x | as long as short |
| Gate VELODROME_USDT | +0.0100% | 4h | 0.02999 | −0.080% | $124K | $6K | 20x | as long as short |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02996 | −0.180% | $241K | $91K | 50x | as long as short |
| Bitget VELODROMEUSDTlong | +0.0100% | 4h | 0.03001 | long leg | $534K | $24K | 20x | |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.02993 | −0.280% | — | $1.3M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02999 | −0.075% | $79K | $3K | — | as long as short |
Bybit VELODROMEUSDT
Gate VELODROME_USDT
MEXC VELODROME_USDT
BingX VELODROME-USDT
Variational Omni VELODROME