Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 33.357 | −0.3125 | get 0.3125% / 8h | 1h 49m | $3.6M | $5.1M | 20x | Long Bitget | |
| SHORT | 33.204 | +0.0506 | get 0.0506% / 8h | 1h 49m | $1.3M | $10.3M | 20x | Short Binance |
Price gap−0.459%
Funding gap+0.3631% /8h
Funding pays +$109 a day on $10k, but the gap is 0.280% under its 7d average: −$28 if it goes back, about 6 hours of funding. At the last 7 days' pace that is about 6.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.3631% /8h now · paid +0.162% over the last 4 days (all we have)
Price−$28spread −0.459% now, avg −0.179% → −0.280% if it goes back
Costs−$1101.096% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 4 days it paid +0.162% in total, about +0.0150%/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−0.459%
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
/8hNKE on 8 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size27.3 / 26.8 bpAt $10k entering Bitget costs 27.3 bp, fee and slippage, 1.0× 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: +$108.92Long Bitget: 3 payments, +$93.75; short Binance: 3 payments, +$15.17.
- Watch: Gap narrower than usual−0.459% vs −0.179%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.3M vs $3.6M 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+0.0150%/8h × 21 periods+$31.51
Price spread−0.459% → −0.179% (7d avg)−$27.98
Slippage, 4 orderslive order books−$89.62
Fee Bitget bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$106.09
Costs to cover1.096%Break-even30.6 days
Slippage: Bitget: live order book, 2 min ago; Binance: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget7.8127.3 bp−$2778.7 bp−$787402.5 bp−$40.2Kdoesn’t fit
SELL · SHORTBinance3.0326.8 bp−$2797.8 bp−$978doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-02 09:59 | OKX | Listing | new market NKE-USDT-SWAP ($NKE) seen by our collector |
| 10-01 20:36 | Kalshi | Other | BREAKING: Nike falls over 5% — now down 81% from its peak and trading at its lowest since 2014 @Kalshi on X ↗ |
| 09-29 10:05 | Binance | Listing | new market NKEUSDT ($NKE) seen by our collector |
| 09-28 19:52 | gTrade (Gains Network) | Listing | NKE/USD no longer reported ($NKE) seen by our collector |
| 09-28 16:00 | Binance | Other | The show runs 24/7. 🍿 📌 Tue: JOLTS, an early look at labor demand 📌 Fri: NFP & Unemployment, the big one for rate expectations 📌 Earnings: Micron (AI/chips), Nike (consumer), Accenture (tech services), Carnival (travel) & more This week on Binance. 👉 @binance on X ↗ |
| 09-28 03:30 | Gate | Other | What could move US stocks this week? PCE inflation and the September jobs report return to focus, while Micron earnings will test whether AI infrastructure demand remains strong. • Sep. 29: US JOLTS job openings • Sep. 30: US PCE inflation + Micron earnings • Oct. 1: Accenture + Nike earnings • Oct. 2: US September jobs report Can AI stocks stay strong if Treasury yields rise again, and will consumer demand remain resilient? Read the full outlook: @Gate on X ↗ |


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