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
LONG45.57000.0000% / 8h1h 27m$422K$238K20xLong Bitget
SHORT45.700+0.1553get 0.1553% / 8h1h 27m$62K$277K20xShort Binance
Price gap+0.285%
Funding gap+0.1553% /8h

Both sides work: funding pays +$47 a day on $10k, and the gap is 0.464% above its 7d average: +$46 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—+0.1553% /8h now · no funding history yet
Price+$46spread +0.285% now, avg −0.179% → +0.464% if it goes back
Costs−$2282.280% 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

Binance price against Bitgetnow
RANGE STATS · 7D
Now+0.285%
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

2 ok · 3 to watch
  • Watch: Thin at this size45.0 / 56.8 bp
    At $10k entering Binance costs 56.8 bp, fee and slippage, 1.3× Bitget’s.
  • Note: Margin at max leverage$500 + $500
    Bitget 20x, Binance 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: +$46.59Long Bitget: 3 payments, $0.00; short Binance: 3 payments, +$46.59.
  • OK: Entry gap works for you+0.285% vs −0.179%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$62K vs $422K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · Binance Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate+$326.13
Price spread+0.285% → −0.179% (7d avg)+$46.41
Slippage, 4 orderslive order books−$206.02
Fee Bitget bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k+$144.52
Costs to cover2.280%Break-even3.9 days
Slippage: Bitget: live order book, 63 min ago; Binance: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget6.3945.0 bp−$4567.4 bp−$674doesn’t fitdoesn’t fit
SELL · SHORTBinance15.3656.8 bp−$57doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

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