Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: Bitget against Binance−0.086%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2982.981% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 4 days (all we have)−0.987%−$99 · spread now −0.086%, 7d avg −0.089%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FWDIUSDT | 8.1390 | 0 | get 0.0000% / 8h | 4h 50m | $453K | $1.3M | 10x |
| Short | Bitget FWDIUSDT | 8.1320 | 0 | get 0.0000% / 8h | 4h 50m | $432K | $120K | 5x |
Binance FWDIUSDT
Bitget FWDIUSDTFunding 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
- Price spread: −0.086% → −0.089%
- $0.32
- Slippage, 4 orders
- −$276.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$297.8
- Costs to cover
- 2.981%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 48 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, 5 min ago | 3.07 bp | 73.1 bp −$73 | 509.4 bp −$5,094 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 48 min ago | 8.01 bp | 62.7 bp −$63 | 67.7 bp −$677 | 138.4 bp −$13.8K | doesn't fit |
FWDI on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX FWDI-USDT-SWAP | −0.0066% | 8h | 8.1200 | −0.233% | $319K | $207K | 10x | as long as short |
| Binance FWDIUSDTlong | 0.0000% | 8h | 8.1390 | long leg | $453K | $1.3M | 10x | |
| Bybit FWDIUSDT | 0.0000% | 8h | 8.1380 | −0.012% | $350K | $255K | 25x | as long as short |
| QFEX FWDI-USD | 0.0000% | 1h | 8.1300 | −0.111% | $1.1M | $304K | 10x | as long as short |
| Bitget FWDIUSDTshort | 0.0000% | 8h | 8.1320 | −0.086% | $432K | $120K | 5x | |
| Variational Omni FWDI | 0.0000% | 8h | 8.1363 | −0.033% | $115K | $57K | — | as long as short |
| HTX FWDI-USDT | 0.0000% | 8h | 8.1380 | −0.012% | $7K | $62K | 10x | as long as short |
OKX FWDI-USDT-SWAP
Bybit FWDIUSDT
QFEX FWDI-USD
Variational Omni FWDI
HTX FWDI-USDT