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
LONG37.601+0.0615pay 0.0615% / 8h44m 57s$154K$477K20xLong Binance
SHORT37.58000.0000% / 8h44m 57s$792K$364K20xShort Bitget
Price gap−0.057%
Funding gap−0.0615% /8h

The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $18 a day and eats that in about 16 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$21−0.0615% /8h now · paid −0.211% over the last 2 days (all we have)
Price+$13spread −0.057% now, avg −0.182% → +0.125% if it goes back
Costs−$1711.705% of $10k · taker + slippage, in and out

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

Bitget price against Binancenow
RANGE STATS · 7D
Now−0.057%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

OKLO on 10 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size60.1 / 29.2 bp
    At $10k entering Binance costs 60.1 bp, fee and slippage, 2.1× Bitget’s.
  • Note: Margin at max leverage$500 + $500
    Binance 20x, Bitget 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: −$18.44Long Binance: 3 payments, −$18.44; short Bitget: 3 payments, $0.00.
  • OK: Entry gap works for you−0.057% vs −0.182%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$154K vs $792K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bitget Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0431%/8h × 21 periods−$90.50
Price spread−0.057% → −0.182% (7d avg)+$12.51
Slippage, 4 orderslive order books−$148.52
Fee Binance bp × 2 orders−$10.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$248.51
Costs to cover1.705%Break-evennever at this rate
Slippage: Binance: live order book, 7 min ago; Bitget: live order book, 46 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance14.6860.1 bp−$60doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget14.4529.2 bp−$2990.1 bp−$901doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

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