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: Bitget against Binance+0.011%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days−0.143%−$14 · spread now +0.011%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.049% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01193 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $3.0M | $6.6M | 50x |
| Short | Bitget WUSDT | 0.01193 | 0.0100 | get 0.0050% / 4h | 1h 20m | $1.3M | $569K | 50x |
Binance WUSDT
Bitget WUSDTFunding 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: +0.011% → −0.038%
- $4.93
- Slippage, 4 orders
- −$91.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$108.36
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 1 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, 3 min ago | 3.78 bp | 20.8 bp −$21 | 112.6 bp −$1,126 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.19 bp | 37.7 bp −$38 | 121.3 bp −$1,213 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01193 | +0.028% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.352% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01192 | −0.073% | $2.0M | $383K | 5x | as long as short |
| Binance WUSDTlong | +0.0100% | 4h | 0.01193 | long leg | $3.0M | $6.6M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01191 | −0.123% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01192 | −0.115% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01189 | −0.324% | $450K | $253K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01193 | −0.006% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01192 | −0.073% | $387K | $214K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01193 | +0.011% | $1.3M | $569K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01192 | −0.115% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01191 | −0.184% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01190 | −0.210% | $126K | $413K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01193 | −0.029% | $61K | $237K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0312% | 1h | 0.01193 | +0.011% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0635% | 1h | 0.01195 | +0.145% | $44K | $45K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1700% | 1h | 0.01195 | +0.219% | $148K | $184K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD