Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.050%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.985% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.050%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.087% 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 +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WUSDT | 0.01192 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.3M | $589K | 50x |
| Short | Binance WUSDT | 0.01191 | 0.0100 | get 0.0050% / 4h | 2h 00m | $3.0M | $5.5M | 50x |
Bitget WUSDT
Binance WUSDTFunding 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: −0.050% → +0.036%
- −$8.66
- Slippage, 4 orders
- −$76.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.21
- Costs to cover
- 0.985%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; Binance: live order book, 7 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, just now | 8.40 bp | 32.7 bp −$33 | 171.1 bp −$1,711 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.68 bp | 20.4 bp −$20 | 76.1 bp −$761 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.426% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01192 | 0.000% | $2.0M | $293K | 5x | as long as short |
| Binance WUSDTshort | +0.0100% | 4h | 0.01191 | −0.050% | $3.0M | $5.5M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01189 | −0.243% | $4.2M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01190 | −0.168% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01188 | −0.352% | $430K | $250K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01191 | −0.067% | $12.4M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01190 | −0.168% | $400K | $194K | 50x | as long as short |
| Bitget WUSDTlong | +0.0100% | 4h | 0.01192 | long leg | $1.3M | $589K | 50x | |
| BingX W-USDT | +0.0100% | 4h | 0.01190 | −0.143% | — | $6.7M | — | as long as short |
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
BingX W-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni W | +0.0100% | 4h | 0.01188 | −0.295% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01192 | −0.011% | $130K | $372K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01191 | −0.089% | $60K | $146K | 5x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.0170% | 1h | 0.01192 | −0.008% | $15K | $3K | 10x | as long as short |
| Backpack W_USDC_PERP | +0.0366% | 1h | 0.01193 | +0.050% | $44K | $42K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +0.0400% | 1h | 0.01192 | +0.017% | $14K | $14K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1713% | 1h | 0.01193 | +0.081% | $149K | $188K | 20x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Deribit W_USDC-PERPETUAL
Backpack W_USDC_PERP
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD