Funding you earn now, next payment 04:00 UTC−0.0877%/8h= −96.0% APRpaid last 24h −0.126%
Price spread now: Bitget against Deribit−0.163%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Bitget is 0.163% cheaper against Deribit than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BE_USDC-PERPETUAL | 275.38 | 0.0877 | pay 0.0110% / 1h | 0m 48s | $7K | $4K | 10x |
| Short | Bitget BEUSDT | 274.93 | 0 | get 0.0000% / 8h | 4h 00m | $1.7M | $2.5M | 20x |
Deribit BE_USDC-PERPETUAL
Bitget BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- −$184.17
- Price spread: −0.163% → 0.000%
- −$16.34
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$219.51
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 2.00 bp | 17.8 bp −$18 | 38.0 bp −$380 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 275.09 | −0.106% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.80 | −0.211% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDTshort | 0.0000% | 8h | 274.93 | −0.163% | $1.7M | $2.5M | 20x | |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.23 | −0.054% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.98 | −0.145% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.02 | −0.131% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.04 | −0.123% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.04 | −0.123% | $251K | $291K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.835% | $473K | $128K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.92 | −0.167% | $115K | $109K | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Arcus BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 274.95 | −0.156% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.84 | −0.196% | $5.9M | $2.6M | 10x | as long as short |
| QFEX BE-USD | +0.0052% | 1h | 274.92 | −0.167% | $1.3M | $2.7M | 10x | as long as short |
| Binance BEUSDT | +0.0054% | 8h | 275.11 | −0.099% | $8.5M | $36.5M | 25x | as long as short |
| Extended BE-USD | +0.0056% | 1h | 274.97 | −0.147% | $46K | $260K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.22 | −0.058% | $371K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.10 | −0.102% | — | — | 10x | as long as short |
| Bybit BEUSDT | +0.0106% | 8h | 275.19 | −0.069% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | +0.0152% | 8h | 275.15 | −0.084% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0174% | 8h | 275.15 | −0.084% | $45K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUALlong | +0.0877% | 1h | 275.38 | long leg | $7K | $4K | 10x |
Vest BE-USD-PERP
tradeXYZ xyz:BE
QFEX BE-USD
Binance BEUSDT
Extended BE-USD
KuCoin BEUSDTM
Aevo BE-PERP
Bybit BEUSDT
OKX BE-USDT-SWAP
BloFin BE-USDT