BOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1644%/8h= −180.0% APRnext payment −$16.44 per $10,000 · paid last 24h −0.322%

Price spread now: Binance against Bitget−0.108%7-day average −0.319% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$2152.148% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.624%+$62 on $10k

Price spread, last 2 days (all we have)−0.508%−$51 · spread now −0.108%, 7d avg −0.319%

Together, before fees+0.117%+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.211% dearer against Bitget than usual: you sell high and buy low (spread −0.108% now, against its 7-day average of −0.319%): +$21 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.624%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.624% in total (about 32.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$16.44 per $10,000. 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	Bitget BOTUSDT	29.520	0	get 0.0000% / 8h	7h 42m	$251K	$132K	5x
Short	Binance BOTUSDT	29.488	−0.1644	pay 0.1644% / 8h	7h 42m	$453K	$1.2M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now −0.108%Rate

Funding earned: −$345.2
Price spread: −0.108% → −0.319%: $21.09
Slippage, 4 orders: −$192.75
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$538.87
Costs to cover: 2.148%
Break-even: never at this rate

Slippage from Bitget: live order book, 22 min ago; Binance: live order book, 5 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, 22 min ago	20.43 bp	49.8 bp −$50	57.9 bp −$579	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	3.39 bp	46.2 bp −$46	337.7 bp −$3,377	doesn't fit	doesn't fit

BOT on 12 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
Arcus BOT-USD	−0.9989%	1h	29.470	−0.169%	$3K	$8K	5x	as long as short
KuCoin BOTUSDTM	−0.1971%	8h	29.470	−0.169%	$96K	$315K	20x	as long as short
Binance BOTUSDTshort	−0.1644%	8h	29.488	−0.108%	$453K	$1.2M	10x
Variational Omni BOT	−0.1583%	8h	29.495	−0.083%	$32K	$20K	—	as long as short
OKX BOT-USDT-SWAP	−0.1257%	8h	29.500	−0.068%	$236K	$229K	20x	as long as short
QFEX BOT-USD	−0.0049%	1h	29.470	−0.169%	$1.2M	$521K	10x	as long as short
Bybit BOTUSDT	0.0000%	8h	29.510	−0.034%	$564K	$330K	25x	as long as short
Gate BOT_USDT	0.0000%	8h	29.510	−0.034%	$251K	$226K	20x	as long as short
Bitget BOTUSDTlong	0.0000%	8h	29.520	long leg	$251K	$132K	5x
Lighter BOT	+0.0032%	1h	29.660	+0.474%	$68K	$4K	3x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BOT-USDT	+0.0100%	8h	29.523	+0.010%	$3K	$34K	10x	as long as short
tradeXYZ xyz:BOT	+0.0918%	1h	29.500	−0.068%	$3.1M	$820K	10x	as long as short