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+0.054%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 2 days (all we have)+0.081%+$8 · spread now +0.054%, 7d avg +0.086%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GTLBUSDT | 49.750 | 0 | get 0.0000% / 8h | 2h 14m | $101K | $253K | 20x |
| Short | Binance GTLBUSDT | 49.777 | 0 | get 0.0000% / 8h | 2h 14m | $68K | $155K | 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: +0.054% → +0.086%
- −$3.15
- Slippage, 4 orders
- −$78.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$103.42
- Costs to cover
- 1.003%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 25 min ago; Binance: live order book, 17 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, 25 min ago | 5.03 bp | 19.4 bp −$19 | 66.8 bp −$668 | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 5.03 bp | 17.4 bp −$17 | 198.2 bp −$1,982 | doesn't fit | doesn't fit |
GTLB on 6 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 GTLBUSDTshort | 0.0000% | 8h | 49.777 | +0.054% | $68K | $155K | 20x | |
| Bybit GTLBUSDT | 0.0000% | 8h | 49.800 | +0.101% | $16K | $9K | 25x | as long as short |
| Gate GTLB_USDT | 0.0000% | 8h | 49.800 | +0.101% | $17K | $3K | 20x | as long as short |
| Bitget GTLBUSDTlong | 0.0000% | 8h | 49.750 | long leg | $101K | $253K | 20x | |
| SunX GTLB-USDT | 0.0000% | 8h | 49.810 | +0.121% | — | $1.6M | 10x | as long as short |
| HTX GTLB-USDT | 0.0000% | 8h | 49.760 | +0.020% | $5K | $309K | 20x | as long as short |
Bitget GTLBUSDT
Binance GTLBUSDT
Bybit GTLBUSDT
Gate GTLB_USDT
SunX GTLB-USDT
HTX GTLB-USDT