Funding you earn now, next payment 08:00 UTC−0.0621%/8h= −68.0% APRpaid last 24h −0.238%
Price spread now: Bitget against Binance+0.440%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2502.500% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 2 days (all we have)−0.392%−$39 · spread now +0.440%, 7d avg +0.154%
=The price spread pays, funding is against you. Bitget is 0.286% dearer against Binance than usual: you sell high and buy low (spread +0.440% now, against its 7-day average of +0.154%): +$29 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.152% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LGELECTRONICSUSDT | 156.51 | −0.4326 | get 0.2163% / 4h | 1h 37m | $109K | $776K | 20x |
| Short | Bitget LGELECTRONICSUSDT | 157.20 | −0.4947 | pay 0.4947% / 8h | 1h 37m | $245K | $725K | 20x |
Binance LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDTFunding 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
- −$130.33
- Price spread: +0.440% → +0.154%
- $28.57
- Slippage, 4 orders
- −$228.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$351.79
- Costs to cover
- 2.500%
- Break-even
- never at this rate
Slippage from Binance: live order book, 55 min ago; Bitget: live order book, 29 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, 55 min ago | 2.22 bp | 52.1 bp −$52 | 292.3 bp −$2,923 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 29 min ago | 12.31 bp | 87.4 bp −$87 | 155.8 bp −$1,558 | doesn't fit | doesn't fit |
LGELECTRONICS on 9 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 LGELECTRONICSUSDTshort | −0.4947% | 8h | 157.20 | +0.440% | $245K | $725K | 20x | |
| GRVT LGELECTRONICS_USDT_Perp | −0.4588% | 4h | 157.63 | +0.714% | $515 | $176K | 10x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.4342% | 4h | 156.90 | +0.248% | $235K | $133K | 20x | as long as short |
| Binance LGELECTRONICSUSDTlong | −0.4326% | 4h | 156.51 | long leg | $109K | $776K | 20x | |
| Gate LGELECTRONICS_USDT | −0.3518% | 4h | 157.22 | +0.453% | $108K | $62K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.3019% | 8h | 156.76 | +0.159% | $104K | $102K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.1755% | 8h | 157.00 | +0.312% | $40K | $52K | 25x | as long as short |
| edgeX LGELUSDC | −0.0193% | 4h | 157.47 | +0.614% | $13K | $217K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 156.94 | +0.274% | $9K | $39K | 10x | as long as short |
GRVT LGELECTRONICS_USDT_Perp
MEXC LGELECTRONICS_USDT
Gate LGELECTRONICS_USDT
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT