Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | BitgetOURAUSDT | 51.004 | 0 | get 0.0000% / 8h | 5h 59m | $1.5M | $10.9M | 20x | Long Bitget |
| SHORT | tradeXYZxyz:OURA | 51.148 | −0.0010 | pay 0.0001% / 1h | 59m 15s | $221K | $1.0M | 5x | Short tradeXYZ |
Price gap+0.282%
Funding gap−0.0010% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.109% under its 7d average. Swap the legs.
Funding you earn now−0.0010% /8hpaid last 24h 0.000% · next 11:00 UTC
Price spread now+0.282%7d average +0.391% · you sell dearer than you buy
Net 7d · $10k—Paid 7d $018h − costs $193 · under 7 days of funding history
Net, price · $10k−$204spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$1931.929% of a $10k position
Funding, last
18 hours, all we have0.000%$0 on $10kPrice spread, last 18 hours of 7D (all we have)+0.170%+$17 · now +0.282%, avg +0.391%
Together, before fees+0.171%+$17+ Points / potential airdroptradeXYZ: points · farm boardWith fees, hour by hour → backtest
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
tradeXYZ price against Bitgetnow
RANGE STATS · 7D
Now+0.282%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0176% · 1h | 1h | 52.395 | +2.727% | $102K | $186K | 5x | No | 52.395 · +2.727% · OI $102K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.150 | +0.286% | $1.1M | $562K | 10x | No | 51.150 · +0.286% · OI $1.1M · 10x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0010% · 1h | 1h | 51.148 | +0.282% | $221K | $1.0M | 5x | No | 51.148 · +0.282% · OI $221K · 5x · KYC No | SHORT |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.075 | +0.139% | $126K | $1.3M | 20x | Yes | 51.075 · +0.139% · OI $126K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.270 | +2.482% | $501K | $309K | 10x | Yes | 52.270 · +2.482% · OI $501K · 10x · KYC Yes | longshort |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.004 | long leg | $1.5M | $10.9M | 20x | Yes | 51.004 · long leg · OI $1.5M · 20x · KYC Yes | LONG |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.880 | −0.243% | — | $2.3M | 10x | No | 50.880 · −0.243% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.360 | +0.698% | $11K | $393K | 10x | Limited | 51.360 · +0.698% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0047% · 8h | 8h | 51.150 | +0.286% | $47K | $25K | 20x | Limited | 51.150 · +0.286% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.972 | −0.062% | $100K | $73K | 20x | No | 50.972 · −0.062% · OI $100K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.152 | +0.290% | $798K | $3.8M | 20x | Yes | 51.152 · +0.290% · OI $798K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.330 | +0.639% | $14K | $3.3M | 20x | Yes | 51.330 · +0.639% · OI $14K · 20x · KYC Yes | longshort |
Before you open
1 ok · 5 to watch- Watch: Thin at this size10.2 / 87.7 bpAt $10k tradeXYZ’s book costs 87.7 bp to enter, 8.6× Bitget’s.
- Note: Margin at max leverage$500 + $2,000Bitget 20x, tradeXYZ 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.29Long Bitget: 3 payments, $0.00; short tradeXYZ: 24 payments, −$0.29.
- Watch: Gap narrower than usual+0.282% vs +0.391%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$221K vs $1.5M OItradeXYZ sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · tradeXYZ NoKYC 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+0.0001%/8h × 21 periods+$0.20
Price spread+0.282% → +0.391% (7d avg)−$10.90
Slippage, 4 orderslive order books−$162.86
Fee Bitget bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$18.00
Net · 7 days · $10k−$203.57
Costs to cover1.929%Break-even7250.0 days
Slippage: Bitget: live order book, 1 min ago; tradeXYZ: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget2.8410.2 bp−$1016.4 bp−$164doesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ49.2687.7 bp−$88250.5 bp−$2,505doesn’t fitdoesn’t fit
Closing costs about the same again.










