Settings8H · net · $10k
Funding arb · Price arb /

NET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.147%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1221.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 2 days (all we have)−0.109%−$11 · spread now +0.147%, 7d avg +0.042%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.105% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NETUSDT350.530get 0.0000% / 8h1h 44m$235K$603K20x
ShortBinance NETUSDT351.050get 0.0000% / 8h1h 44m$365K$797K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.147% → +0.042%
$10.5
Slippage, 4 orders
−$99.76
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$111.26
Costs to cover
1.218%
Break-even
never at this rate
Slippage from Bitget: live order book, 60 min ago; Binance: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 60 min ago16.47 bp32.5 bp −$3351.9 bp −$519doesn't fitdoesn't fit
Sell Binance live order book, 48 min ago2.14 bp31.0 bp −$31104.8 bp −$1,048doesn't fitdoesn't fit

NET on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:NET−0.2822%1h350.74+0.060%$175K$41K10xas long as short
Binance NETUSDTshort0.0000%8h351.05+0.147%$365K$797K20x
Bybit NETUSDT0.0000%8h351.08+0.157%$381K$111K25xas long as short
OKX NET-USDT-SWAP0.0000%8h351.39+0.245%$176K$111K20xas long as short
Gate NET_USDT0.0000%8h351.50+0.277%$39K$6K20xas long as short
Bitget NETUSDTlong0.0000%8h350.53long leg$235K$603K20x
HTX NET-USDT0.0000%8h351.24+0.203%$9K$349K20xas long as short
Phoenix NET+0.0296%1h351.68+0.328%$164$84K10xas long as short
edgeX NETUSDC+0.0467%4h351.25+0.204%$37K$331K10xas long as short
tradeXYZ xyz:NET+0.0546%1h351.46+0.265%$384K$180K10xas long as short