Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.158%
Price spread now: Binance against Bitget+0.086%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days−0.769%−$77 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now +0.086%, 7d avg +0.032%
=The price spread pays, funding is against you. Binance is 0.054% dearer against Bitget than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.032%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.769% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VTHOUSDT | 0.0006951 | −0.1248 | get 0.0624% / 4h | 59m 36s | $1.2M | $1.1M | 50x |
| Short | Binance VTHOUSDT | 0.0006957 | −0.1332 | pay 0.0666% / 4h | 59m 36s | $5.0M | $11.5M | 50x |
Bitget VTHOUSDT
Binance VTHOUSDTFunding 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
- −$17.72
- Price spread: +0.086% → +0.032%
- $5.44
- Slippage, 4 orders
- −$63.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$98.11
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 11 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, 2 min ago | 2.88 bp | 23.2 bp −$23 | 101.8 bp −$1,018 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.44 bp | 21.0 bp −$21 | 69.2 bp −$692 | doesn't fit | doesn't fit |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC VTHO_USDT | −0.1336% | 4h | 0.0006953 | +0.029% | $1.7M | $180K | 20x | as long as short |
| Binance VTHOUSDTshort | −0.1332% | 4h | 0.0006957 | +0.086% | $5.0M | $11.5M | 50x | |
| BingX VTHO-USDT | −0.1270% | 4h | 0.0006955 | +0.058% | — | $1.4M | — | as long as short |
| Bitget VTHOUSDTlong | −0.1248% | 4h | 0.0006951 | long leg | $1.2M | $1.1M | 50x | |
| Gate VTHO_USDT | −0.1148% | 4h | 0.0006964 | +0.187% | $401K | $330K | 25x | as long as short |
MEXC VTHO_USDT
BingX VTHO-USDT
Gate VTHO_USDT