Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.007%
Price spread now: Bitget against tradeXYZ−0.179%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 7 days−0.429%−$43 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.179%, 7d avg +0.020%
=Together, before fees−0.503%+ Points / potential airdroptradeXYZ: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.199% cheaper against tradeXYZ than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NET | 352.15 | 0.0050 | pay 0.0006% / 1h | 43m 13s | $396K | $183K | 10x |
| Short | Bitget NETUSDT | 351.52 | 0 | get 0.0000% / 8h | 7h 43m | $224K | $649K | 20x |
tradeXYZ xyz:NET
Bitget NETUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$10.5
- Price spread: −0.179% → +0.020%
- −$19.88
- Slippage, 4 orders
- −$139.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$200.17
- Costs to cover
- 1.698%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Bitget: live order book, 52 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 tradeXYZ live order book, 3 min ago | 1.28 bp | 56.7 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 16.38 bp | 38.0 bp −$38 | 54.4 bp −$544 | doesn't fit | doesn't fit |
NET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:NET | −0.4096% | 1h | 351.91 | −0.068% | $181K | $45K | 10x | as long as short |
| Phoenix NET | −0.0068% | 1h | 351.23 | −0.261% | $164 | $80K | 10x | as long as short |
| Binance NETUSDT | 0.0000% | 8h | 352.08 | −0.020% | $364K | $805K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 352.19 | +0.011% | $389K | $115K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 352.21 | +0.017% | $175K | $101K | 20x | as long as short |
| Gate NET_USDT | 0.0000% | 8h | 351.40 | −0.213% | $39K | $4K | 20x | as long as short |
| Bitget NETUSDTshort | 0.0000% | 8h | 351.52 | −0.179% | $224K | $649K | 20x | |
| HTX NET-USDT | 0.0000% | 8h | 350.91 | −0.352% | $9K | $354K | 20x | as long as short |
| tradeXYZ xyz:NETlong | +0.0050% | 1h | 352.15 | long leg | $396K | $183K | 10x | |
| edgeX NETUSDC | +0.0128% | 4h | 352.25 | +0.027% | $37K | $334K | 10x | as long as short |
Paragon para:NET
Phoenix NET
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Gate NET_USDT
HTX NET-USDT
edgeX NETUSDC