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+0.303%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 2 days (all we have)−0.430%−$43 · spread now +0.303%, 7d avg +0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.225% dearer against Bitget than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GDXUSDT | 94.270 | 0 | get 0.0000% / 8h | 4h 26m | $282K | $349K | 20x |
| Short | Binance GDXUSDT | 94.556 | 0 | get 0.0000% / 8h | 4h 26m | $423K | $261K | 20x |
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 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: +0.303% → +0.079%
- $22.48
- Slippage, 4 orders
- −$47.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.86
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 24 min ago; Binance: live order book, 35 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, 24 min ago | 8.49 bp | 15.7 bp −$16 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Binance live order book, 35 min ago | 5.82 bp | 24.5 bp −$25 | 95.6 bp −$956 | doesn't fit | doesn't fit |
GDX 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GDXUSDTshort | 0.0000% | 8h | 94.556 | +0.303% | $423K | $261K | 20x | |
| Bybit GDXUSDT | 0.0000% | 8h | 94.460 | +0.202% | $242K | $41K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 94.530 | +0.276% | $168K | $150K | 20x | as long as short |
| MEXC GDX_USDT | 0.0000% | 8h | 94.510 | +0.255% | $845K | $88K | 20x | as long as short |
| Bitget GDXUSDTlong | 0.0000% | 8h | 94.270 | long leg | $282K | $349K | 20x | |
| HTX GDX-USDT | 0.0000% | 8h | 94.540 | +0.286% | $8K | $321K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.230 | −0.042% | — | — | 25x | as long as short |
| edgeX GDXUSDC | +0.0249% | 4h | 94.521 | +0.266% | $96K | $226K | 10x | as long as short |
Bitget GDXUSDT
Binance GDXUSDT
Bybit GDXUSDT
Gate GDX_USDT
MEXC GDX_USDT
HTX GDX-USDT
edgeX GDXUSDC