Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against Bitget−0.037%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 2 days (all we have)+0.007%+$1 · spread now −0.037%, 7d avg −0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 201.16 | 0 | get 0.0000% / 8h | 7h 11m | $6.8M | $9.1M | 20x |
| Short | Binance COINUSDT | 201.09 | 0 | get 0.0000% / 8h | 7h 11m | $15.7M | $74.8M | 20x |
Bitget COINUSDT
Binance COINUSDTFunding 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
- $0
- Price spread: −0.037% → −0.034%
- −$0.22
- Slippage, 4 orders
- −$14.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.17
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 16 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, 1 min ago | 2.23 bp | 12.1 bp −$12 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.50 bp | 8.2 bp −$8 | 13.5 bp −$135 | 56.3 bp −$5,628 | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.39 | +0.114% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.12 | −0.018% | $368K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.05 | −0.057% | $120K | $705K | 10x | as long as short |
| Binance COINUSDTshort | 0.0000% | 8h | 201.09 | −0.037% | $15.7M | $74.8M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 201.12 | −0.020% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.19 | +0.015% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.15 | −0.005% | $1.3M | $6.9M | 50x | as long as short |
| Bitget COINUSDTlong | 0.0000% | 8h | 201.16 | long leg | $6.8M | $9.1M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 201.28 | +0.062% | $834K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.37 | +0.103% | $13K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.08 | −0.040% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.00 | −0.080% | $432K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.38 | +0.109% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 200.92 | −0.119% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 200.98 | −0.089% | $16.5M | $12.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 200.99 | −0.085% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.09 | −0.035% | $89 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.04 | −0.060% | $356K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 201.02 | −0.069% | $373K | $1.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.24 | +0.040% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.22 | +0.030% | $90K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.18 | +0.010% | $582 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.02 | −0.069% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.37 | +0.104% | $199K | $342K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.42 | +0.129% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0357% | 4h | 201.33 | +0.085% | $52K | $295K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC