Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.078%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4074.074% of the position
Funding, last 7 days+0.165%+$17 on $10k
+Price spread, last 2 days (all we have)+0.067%+$7 · spread now +0.078%, 7d avg +0.068%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BSPUSDT | 38.420 | 0.0004 | pay 0.0004% / 8h | 2m 52s | $485K | $709K | 10x |
| Short | Bitget BSPUSDT | 38.450 | 0 | get 0.0000% / 8h | 2m 52s | $100K | $65K | 20x |
Binance BSPUSDT
Bitget BSPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$0.77
- Price spread: +0.078% → +0.068%
- $0.98
- Slippage, 4 orders
- −$385.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$407.18
- Costs to cover
- 4.074%
- Break-even
- never at this rate
Slippage from Binance: live order book, 44 min ago; Bitget: live order book, 58 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, 44 min ago | 1.31 bp | 46.2 bp −$46 | 203.1 bp −$2,031 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 15.76 bp | 155.2 bp −$155 | 182.3 bp −$1,823 | doesn't fit | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSPUSDT | 0.0000% | 8h | 38.420 | 0.000% | $379K | $88K | 25x | as long as short |
| Gate BSP_USDT | 0.0000% | 8h | 38.430 | +0.026% | $251K | $292K | 25x | as long as short |
| Bitget BSPUSDTshort | 0.0000% | 8h | 38.450 | +0.078% | $100K | $65K | 20x | |
| Binance BSPUSDTlong | +0.0004% | 8h | 38.420 | long leg | $485K | $709K | 10x | |
| HTX BSP-USDT | +0.0100% | 8h | 38.420 | 0.000% | $6K | $42K | 10x | as long as short |
| KuCoin BSPUSDTM | +0.0536% | 8h | 38.430 | +0.026% | $46K | $148K | 20x | as long as short |
| OKX BSP-USDT-SWAP | +0.0742% | 8h | 38.370 | −0.130% | $154K | $160K | 10x | as long as short |
Bybit BSPUSDT
Gate BSP_USDT
HTX BSP-USDT
KuCoin BSPUSDTM
OKX BSP-USDT-SWAP