Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.111%
Price spread now: Bitget against Binance−0.021%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 2 days (all we have)+0.015%+$1 · spread now −0.021%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.038% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APPUSDT | 329.95 | 0 | get 0.0000% / 8h | 1h 43m | $3.0M | $3.8M | 25x |
| Short | Bitget APPUSDT | 329.88 | 0 | get 0.0000% / 8h | 1h 43m | $567K | $584K | 20x |
Binance APPUSDT
Bitget APPUSDTFunding 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: −0.021% → −0.059%
- $3.81
- Slippage, 4 orders
- −$109.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$127.32
- Costs to cover
- 1.311%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 36 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, 8 min ago | 3.64 bp | 24.9 bp −$25 | 87.6 bp −$876 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 15.92 bp | 40.3 bp −$40 | 56.5 bp −$565 | doesn't fit | doesn't fit |
APP on 6 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 APPUSDTlong | 0.0000% | 8h | 329.95 | long leg | $3.0M | $3.8M | 25x | |
| OKX APP-USDT-SWAP | 0.0000% | 8h | 329.36 | −0.179% | $417K | $372K | 25x | as long as short |
| Gate APP_USDT | 0.0000% | 8h | 329.90 | −0.015% | $784K | $686K | 25x | as long as short |
| Bitget APPUSDTshort | 0.0000% | 8h | 329.88 | −0.021% | $567K | $584K | 20x | |
| HTX APP-USDT | 0.0000% | 8h | 329.91 | −0.012% | $9K | $235K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.88 | −0.023% | $23K | $6K | 10x | as long as short |
OKX APP-USDT-SWAP
Gate APP_USDT
HTX APP-USDT
Extended APP_24_5-USD