Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG45.190+0.1351pay 0.1351% / 8h44m 44s$58K$323K20xLong Binance
SHORT45.20000.0000% / 8h44m 44s$450K$264K20xShort Bitget
Price gap+0.022%
Funding gap−0.1351% /8h

Both sides work against this direction now: funding costs $41 a day on $10k and the gap is 0.061% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.1351% /8h now · no funding history yet
Price−$6spread +0.022% now, avg +0.083% → −0.061% if it goes back
Costs−$1901.899% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Bitget price against Binancenow
RANGE STATS · 7D
Now+0.022%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MP on 5 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size79.5 / 25.0 bp
    At $10k entering Binance costs 79.5 bp, fee and slippage, 3.2× Bitget’s.
  • Note: Margin at max leverage$500 + $500
    Binance 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$40.53Long Binance: 3 payments, −$40.53; short Bitget: 3 payments, $0.00.
  • Watch: Gap narrower than usual+0.022% vs +0.083%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$58K vs $450K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bitget Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$283.74
Price spread+0.022% → +0.083% (7d avg)−$6.12
Slippage, 4 orderslive order books−$167.88
Fee Binance bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$479.74
Costs to cover1.899%Break-evennever at this rate
Slippage: Binance: live order book, 53 min ago; Bitget: live order book, 41 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance15.3679.5 bp−$80doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget6.5925.0 bp−$2558.4 bp−$584doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

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