Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.026%
Price spread now: tradeXYZ against Bitget−0.131%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.131%, 7d avg −0.049%
=Together, before fees+0.134%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.082% cheaper against Bitget than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.049%). If the spread goes back, that is −$8 on $10k: about 5.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BEUSDT | 275.00 | 0 | get 0.0000% / 8h | 3h 47m | $1.7M | $2.6M | 20x |
| Short | tradeXYZ xyz:BE | 274.64 | 0.0050 | get 0.0006% / 1h | 47m 25s | $5.9M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.131% → −0.049%
- −$8.2
- Slippage, 4 orders
- −$32.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$60.61
- Costs to cover
- 0.629%
- Break-even
- 47.4 days
Slippage from Bitget: live order book, 5 min ago; tradeXYZ: live order book, 11 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, 5 min ago | 1.46 bp | 17.8 bp −$18 | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.91 bp | 14.1 bp −$14 | 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 | 275.01 | +0.004% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.60 | −0.145% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDTlong | 0.0000% | 8h | 275.00 | long leg | $1.7M | $2.6M | 20x | |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.27 | −0.266% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.19 | −0.295% | $910 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.30 | −0.255% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.97 | −0.011% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.97 | −0.011% | $251K | $290K | 10x | as long as short |
| Extended BE-USD | +0.0032% | 1h | 274.62 | −0.139% | $46K | $260K | 10x | as long as short |
| Binance BEUSDT | +0.0035% | 8h | 274.61 | −0.143% | $8.5M | $36.5M | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0036% | 1h | 274.65 | −0.127% | $1.3M | $2.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.40 | −0.218% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.61 | −0.142% | — | — | 10x | as long as short |
| Bybit BEUSDT | +0.0048% | 8h | 274.66 | −0.124% | $2.0M | $1.1M | 25x | as long as short |
| tradeXYZ xyz:BEshort | +0.0050% | 1h | 274.64 | −0.131% | $5.9M | $2.6M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.698% | $473K | $128K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.53 | −0.171% | $371K | $19K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.51 | −0.178% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0139% | 8h | 274.85 | −0.055% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0148% | 8h | 274.36 | −0.233% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0698% | 1h | 274.45 | −0.200% | $7K | $4K | 10x | as long as short |
Bitget BEUSDT
tradeXYZ xyz:BE
Aster BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL