Funding you earn now, next payment 08:00 UTC+0.0170%/8h= +18.6% APRnext payment +$1.70 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.166%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1891.894% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.166%, 7d avg −0.011%
=Funding pays, the price is against you. Binance is 0.155% cheaper against Bitget than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.011%). If the spread goes back, that is −$16 on $10k: about 3.0 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.121% in total) that is about 9.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GEVUSDT | 947.07 | 0 | get 0.0000% / 8h | 2h 37m | $490K | $91K | 20x |
| Short | Binance GEVUSDT | 945.50 | 0.0170 | get 0.0170% / 8h | 2h 37m | $1.5M | $702K | 25x |
Bitget GEVUSDT
Binance GEVUSDTFunding 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
- $35.64
- Price spread: −0.166% → −0.011%
- −$15.52
- Slippage, 4 orders
- −$167.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$169.27
- Costs to cover
- 1.894%
- Break-even
- 40.2 days
Slippage from Bitget: live order book, 8 min ago; Binance: live order book, 11 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, 8 min ago | 8.87 bp | 56.5 bp −$56 | 76.2 bp −$762 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.85 bp | 32.5 bp −$33 | 100.4 bp −$1,004 | doesn't fit | doesn't fit |
GEV 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GEVUSDT | 0.0000% | 8h | 944.64 | −0.257% | $313K | $216K | 25x | as long as short |
| OKX GEV-USDT-SWAP | 0.0000% | 8h | 944.88 | −0.231% | $606K | $187K | 25x | as long as short |
| Gate GEV_USDT | 0.0000% | 8h | 947.40 | +0.035% | $293K | $17K | 20x | as long as short |
| Bitget GEVUSDTlong | 0.0000% | 8h | 947.07 | long leg | $490K | $91K | 20x | |
| HTX GEV-USDT | 0.0000% | 8h | 945.46 | −0.170% | $9K | $38K | 10x | as long as short |
| Lighter GEV | +0.0032% | 1h | 946.20 | −0.092% | $3K | $750 | 10x | as long as short |
| Binance GEVUSDTshort | +0.0170% | 8h | 945.50 | −0.166% | $1.5M | $702K | 25x | |
| tradeXYZ xyz:GEV | +0.0391% | 1h | 944.73 | −0.247% | $582K | $148K | 10x | as long as short |
Bybit GEVUSDT
OKX GEV-USDT-SWAP
Gate GEV_USDT
HTX GEV-USDT
Lighter GEV
tradeXYZ xyz:GEV