Funding you earn now, next payment 23:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.032%
Price spread now: tradeXYZ against Binance−0.051%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 2 days (all we have)+0.026%+$3 · spread now −0.051%, 7d avg −0.035%
=Together, before fees+0.129%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 272.80 | 0 | get 0.0000% / 8h | 1h 45m | $8.5M | $37.5M | 25x |
| Short | tradeXYZ xyz:BE | 272.66 | 0.0265 | get 0.0033% / 1h | 45m 21s | $5.8M | $2.9M | 10x |
Binance BEUSDT
tradeXYZ xyz:BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $55.58
- Price spread: −0.051% → −0.035%
- −$1.59
- Slippage, 4 orders
- −$21.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $4.96
- Costs to cover
- 0.490%
- Break-even
- 6.4 days
Slippage from Binance: live order book, 11 min ago; tradeXYZ: live order book, 3 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, 11 min ago | 0.92 bp | 9.4 bp −$9 | 28.0 bp −$280 | 137.4 bp −$13.7K | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.47 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 273.29 | +0.180% | $344K | $117K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.77 | −0.011% | $46K | $270K | 10x | as long as short |
| Binance BEUSDTlong | 0.0000% | 8h | 272.80 | long leg | $8.5M | $37.5M | 25x | |
| Bybit BEUSDT | 0.0000% | 8h | 272.66 | −0.051% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.60 | −0.073% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 272.64 | −0.059% | $1.7M | $2.7M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.73 | −0.025% | $7K | $196K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.79 | −0.004% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.77 | −0.011% | $13K | $33K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0027% | 8h | 272.81 | +0.004% | $2.6M | $6.8M | 25x | as long as short |
Aster BEUSDT
Extended BE-USD
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
OKX BE-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BE | +0.0032% | 1h | 272.40 | −0.147% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 272.75 | −0.018% | $249K | $424K | 10x | as long as short |
| QFEX BE-USD | +0.0035% | 1h | 272.73 | −0.026% | $1.3M | $3.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.67 | −0.048% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.54 | −0.095% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.24 | −0.205% | $467K | $121K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.60 | −0.073% | $368K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.79 | −0.003% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.89 | +0.033% | $45K | $141K | 20x | as long as short |
| tradeXYZ xyz:BEshort | +0.0265% | 1h | 272.66 | −0.051% | $5.8M | $2.9M | 10x | |
| Deribit BE_USDC-PERPETUAL | +0.0667% | 1h | 272.89 | +0.033% | $6K | $4K | 10x | as long as short |
Lighter BE
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL