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: Binance against Bitget−0.015%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1161.162% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 2 days (all we have)+0.029%+$3 · spread now −0.015%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.072% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APPUSDT | 329.46 | 0 | get 0.0000% / 8h | 29m 36s | $564K | $566K | 20x |
| Short | Binance APPUSDT | 329.41 | 0 | get 0.0000% / 8h | 29m 36s | $3.0M | $3.9M | 25x |
Bitget APPUSDT
Binance APPUSDTFunding 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: −0.015% → +0.057%
- −$7.18
- Slippage, 4 orders
- −$94.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$123.38
- Costs to cover
- 1.162%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 min ago; 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, 45 min ago | 3.64 bp | 37.2 bp −$37 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.15 bp | 34.9 bp −$35 | 92.0 bp −$920 | 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 APPUSDTshort | 0.0000% | 8h | 329.41 | −0.015% | $3.0M | $3.9M | 25x | |
| OKX APP-USDT-SWAP | 0.0000% | 8h | 329.67 | +0.064% | $417K | $374K | 25x | as long as short |
| Gate APP_USDT | 0.0000% | 8h | 329.10 | −0.109% | $782K | $687K | 25x | as long as short |
| Bitget APPUSDTlong | 0.0000% | 8h | 329.46 | long leg | $564K | $566K | 20x | |
| HTX APP-USDT | 0.0000% | 8h | 329.54 | +0.024% | $9K | $235K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.69 | +0.070% | $23K | $6K | 10x | as long as short |
OKX APP-USDT-SWAP
Gate APP_USDT
HTX APP-USDT
Extended APP_24_5-USD