Funding you earn now, next payment 08:00 UTC+0.0677%/8h= +74.1% APRpaid last 24h −0.021%
Price spread now: Binance against Bitget0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now 0.000%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.023% in total (about 1.2% a year). A funding rate is set anew for every payment. 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 BYDUSDT | 10.390 | 0.0866 | pay 0.0866% / 8h | 3h 58m | $153K | $231K | 20x |
| Short | Binance BYDUSDT | 10.390 | 0.1543 | get 0.0771% / 4h | 3h 58m | $1.4M | $885K | 20x |
Bitget BYDUSDT
Binance BYDUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $142.12
- Price spread: 0.000% → −0.009%
- $0.86
- Slippage, 4 orders
- −$55.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $65.36
- Costs to cover
- 0.776%
- Break-even
- 3.8 days
Slippage from Bitget: live order book, 52 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, 52 min ago | 11.50 bp | 19.3 bp −$19 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 4.81 bp | 9.8 bp −$10 | 54.5 bp −$545 | doesn't fit | doesn't fit |
BYD on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BYD-USDT | 0.0000% | 4h | 10.390 | 0.000% | — | $2.2M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.400 | +0.096% | $9K | $267K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.420 | +0.289% | $13K | $1.7M | 20x | as long as short |
| Gate BYD_USDT | +0.0114% | 8h | 10.453 | +0.606% | $156K | $53K | 20x | as long as short |
| Bybit BYDUSDT | +0.0323% | 8h | 10.400 | +0.096% | $78K | $12K | 25x | as long as short |
| edgeX BYDUSDC | +0.0679% | 4h | 10.394 | +0.038% | $43K | $432K | 10x | as long as short |
| Bitget BYDUSDTlong | +0.0866% | 8h | 10.390 | long leg | $153K | $231K | 20x | |
| Binance BYDUSDTshort | +0.1543% | 4h | 10.390 | 0.000% | $1.4M | $885K | 20x |
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Gate BYD_USDT
Bybit BYDUSDT
edgeX BYDUSDC