Funding you earn now, next payment 00:00 UTC−0.0129%/8h= −14.1% APRnext payment −$1.29 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.038%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 2 days (all we have)+0.190%+$19 · spread now −0.038%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ADBEUSDT | 249.59 | 0.0129 | pay 0.0129% / 8h | 2h 33m | $1.6M | $569K | 20x |
| Short | Bitget ADBEUSDT | 249.49 | 0 | get 0.0000% / 8h | 2h 33m | $513K | $135K | 20x |
Binance ADBEUSDT
Bitget ADBEUSDTFunding 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
- −$27.08
- Price spread: −0.038% → −0.002%
- −$3.65
- Slippage, 4 orders
- −$71.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$124.41
- Costs to cover
- 0.937%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 51 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, 15 min ago | 3.20 bp | 12.1 bp −$12 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 51 min ago | 5.41 bp | 41.6 bp −$42 | 58.9 bp −$589 | doesn't fit | doesn't fit |
ADBE 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 ADBE/USDC PERP | −0.0220% | 1h | 246.09 | −1.401% | $16K | $19K | 12x | as long as short |
| Aster ADBEUSDT | 0.0000% | 8h | 249.32 | −0.105% | $7K | $2K | 20x | as long as short |
| Bybit ADBEUSDT | 0.0000% | 8h | 249.57 | −0.006% | $513K | $142K | 25x | as long as short |
| OKX ADBE-USDT-SWAP | 0.0000% | 8h | 249.68 | +0.038% | $494K | $169K | 20x | as long as short |
| Gate ADBE_USDT | 0.0000% | 8h | 249.58 | −0.002% | $324K | $142K | 20x | as long as short |
| Bitget ADBEUSDTshort | 0.0000% | 8h | 249.49 | −0.038% | $513K | $135K | 20x | |
| SunX ADBE-USDT | 0.0000% | 8h | 249.47 | −0.046% | $649 | $339K | 10x | as long as short |
| HTX ADBE-USDT | 0.0000% | 8h | 249.30 | −0.115% | $6K | $39K | 20x | as long as short |
| Extended ADBE_24_5-USD | +0.0040% | 1h | 249.37 | −0.085% | $996 | $2K | 10x | as long as short |
| KuCoin ADBEUSDTM | +0.0100% | 8h | 249.55 | −0.014% | $266K | $197K | 20x | as long as short |
Injective ADBE/USDC PERP
Aster ADBEUSDT
Bybit ADBEUSDT
OKX ADBE-USDT-SWAP
Gate ADBE_USDT
SunX ADBE-USDT
HTX ADBE-USDT
Extended ADBE_24_5-USD
KuCoin ADBEUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ADBEUSDTlong | +0.0129% | 8h | 249.59 | long leg | $1.6M | $569K | 20x |