Funding you earn now, next payment 08:00 UTC−0.0464%/8h= −50.8% APRnext payment −$4.64 per $10,000 · paid last 24h +0.070%
Price spread now: Bitget against Binance−0.158%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days+0.645%+$64 on $10k
+Price spread, last 7 days+0.194%+$19 · spread now −0.158%, 7d avg −0.071%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.087% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.071%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.645%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INTWUSDT | 33.250 | 0 | get 0.0000% / 8h | 5h 14m | $3.1M | $33.6M | 25x |
| Short | Bitget INTWUSDT | 33.197 | −0.0464 | pay 0.0464% / 8h | 5h 14m | $393K | $1.6M | 20x |
Binance INTWUSDT
Bitget INTWUSDTFunding 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
- −$97.44
- Price spread: −0.158% → −0.071%
- −$8.71
- Slippage, 4 orders
- −$67.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$195.76
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 2 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, 12 min ago | 1.51 bp | 13.7 bp −$14 | 45.1 bp −$451 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.22 bp | 34.5 bp −$34 | 48.8 bp −$488 | doesn't fit | doesn't fit |
INTW 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDTshort | −0.0464% | 8h | 33.197 | −0.158% | $393K | $1.6M | 20x | |
| Binance INTWUSDTlong | 0.0000% | 8h | 33.250 | long leg | $3.1M | $33.6M | 25x | |
| Bybit INTWUSDT | 0.0000% | 8h | 33.210 | −0.119% | $787K | $1.1M | 25x | as long as short |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 33.220 | −0.089% | $338K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 33.200 | −0.149% | $526K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 33.220 | −0.089% | $1.4M | $412K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 33.260 | +0.031% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTM | +0.0100% | 8h | 33.210 | −0.119% | $61K | $104K | 20x | as long as short |
Bybit INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT
KuCoin INTWUSDTM