Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 31.845 | +0.1284 | pay 0.1284% / 8h | 6h 25m | $2.4M | $11.9M | 20x | Long Bitget | |
| SHORT | 31.823 | +0.0276 | get 0.0276% / 8h | 6h 25m | $1.0M | $2.9M | 20x | Short Binance |
Price gap−0.067%
Funding gap−0.1008% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $30 a day and eats that in about 3 hours. At the last 7 days' pace that is about 23 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.1008% /8h now · paid −0.013% over the last 7D
Price+$4spread −0.067% now, avg −0.110% → +0.043% if it goes back
Costs−$1211.213% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.013% in total, about −0.0006%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.067%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMSTU on 11 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Watch: Thin at this size29.5 / 18.9 bpAt $10k entering Bitget costs 29.5 bp, fee and slippage, 1.6× Binance’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$30.24Long Bitget: 3 payments, −$38.52; short Binance: 3 payments, +$8.28.
- OK: Entry gap works for you−0.067% vs −0.110%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$1.0M vs $2.4M OIBoth legs are deep; Binance is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Binance YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0006%/8h × 21 periods−$1.33
Price spread−0.067% → −0.110% (7d avg)+$4.31
Slippage, 4 orderslive order books−$101.28
Fee Bitget bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$118.30
Costs to cover1.213%Break-evennever at this rate
Slippage: Bitget: live order book, 6 min ago; Binance: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget8.3129.5 bp−$2990.6 bp−$906doesn’t fitdoesn’t fit
SELL · SHORTBinance4.7118.9 bp−$1970.6 bp−$706doesn’t fitdoesn’t fit
Closing costs about the same again.
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