Funding you earn now, next payment 07:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.052%
Price spread now: Bitget against tradeXYZ+0.026%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.026%, 7d avg −0.111%
=Together, before fees−0.201%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.137% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.111%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.149% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.149% in total (about -7.8% 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 | tradeXYZ xyz:EUR | 1.1474 | 0.0214 | pay 0.0027% / 1h | 52m 44s | $23.2M | $1.6M | 50x |
| Short | Bitget EURUSDUSDT | 1.1477 | 0 | get 0.0000% / 8h | 1h 52m | $261K | $25K | 100x |
tradeXYZ xyz:EUR
Bitget EURUSDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$44.94
- Price spread: +0.026% → −0.111%
- $13.72
- Slippage, 4 orders
- −$8.25
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$69.46
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Bitget: live order book, 47 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 tradeXYZ live order book, 5 min ago | 0.44 bp | 9.9 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 47 min ago | 1.31 bp | 7.6 bp −$8 | 9.1 bp −$91 | doesn't fit | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EURUSD | −0.0228% | 1h | 1.1466 | −0.069% | $3K | — | 50x | as long as short |
| MEXC EUR_USDT | −0.0208% | 4h | 1.1472 | −0.017% | $6.8M | $133K | 100x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1486 | +0.103% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1480 | +0.052% | $144K | $6K | 100x | as long as short |
| Bitget EURUSDUSDTshort | 0.0000% | 8h | 1.1477 | +0.026% | $261K | $25K | 100x | |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1466 | −0.070% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1474 | 0.000% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1478 | +0.035% | $12K | $264K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1466 | −0.073% | $6.8M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.066% | $9K | $78K | 101x | as long as short |
Kraken Futures PF_EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1499 | +0.214% | — | $264K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1473 | −0.009% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1478 | +0.036% | $12K | — | 10x | as long as short |
| Nado EURUSD-PERP | +0.0121% | 1h | 1.1470 | −0.038% | $467K | $153K | 40x | as long as short |
| Lighter EURUSD | +0.0128% | 1h | 1.1480 | +0.055% | $2.2M | $407K | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0160% | 1h | 1.1472 | −0.017% | $190K | $8.3M | 30x | as long as short |
| tradeXYZ xyz:EURlong | +0.0214% | 1h | 1.1474 | long leg | $23.2M | $1.6M | 50x | |
| Hotstuff EURUSD-PERP | +0.0272% | 1h | 1.1476 | +0.017% | $33K | — | 50x | as long as short |
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Nado EURUSD-PERP
Lighter EURUSD
Hibachi EUR/USDT-P
Hotstuff EURUSD-PERP