Settings8H · net · $10k
Funding arb · Price arb /

BSP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.148%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,496as in the Price arb table
costs, in and out, $10k−$1,48814.877% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$10 on $10k
Price spread, last 2 days (all we have)−0.028%−$3 · spread now −0.148%, 7d avg −0.069%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.079% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BSPUSDT38.5070get 0.0000% / 8h6h 28m$100K$64K20x
ShortBinance BSPUSDT38.4500get 0.0000% / 8h6h 28m$480K$691K10x

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

Funding earned
$0
Price spread: −0.148% → −0.069%
−$7.88
Slippage, 4 orders
−$1,465.65
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,495.53
Costs to cover
14.877%
Break-even
never at this rate
Slippage from Bitget: live order book, 22 min ago; Binance: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 22 min ago13.52 bp1131.4 bp −$1,1311388.9 bp −$13.9K1564.7 bp −$156.5Kdoesn't fit
Sell Binance live order book, 64 min ago1.30 bp68.4 bp −$68129.5 bp −$1,295doesn't fitdoesn't fit

BSP on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BSPUSDTshort0.0000%8h38.450−0.148%$480K$691K10x
Bybit BSPUSDT0.0000%8h38.500−0.018%$379K$80K25xas long as short
Gate BSP_USDT0.0000%8h38.470−0.096%$251K$272K25xas long as short
Bitget BSPUSDTlong0.0000%8h38.507long leg$100K$64K20x
KuCoin BSPUSDTM+0.0100%8h38.510+0.008%$47K$149K20xas long as short
HTX BSP-USDT+0.0100%8h38.450−0.148%$6K$42K10xas long as short
OKX BSP-USDT-SWAP+0.0410%8h38.370−0.356%$153K$160K10xas long as short