Funding you earn now, next payment 02:00 UTC+0.0821%/8h= +89.9% APRpaid last 24h +0.232%
Price spread now: tradeXYZ against Bitget+1.344%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$2852.850% of the position
Funding, last 7 days+0.698%+$70 on $10k
+Price spread, last 4 days (all we have)−1.410%−$141 · spread now +1.344%, 7d avg −0.010%
=Together, before fees−0.712%+ Points / potential airdroptradeXYZ: Active · farm board−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and tradeXYZ is 1.354% dearer against Bitget than usual: you sell high and buy low: +$135 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOFTBANKUSDT | 41.076 | −0.0559 | get 0.0559% / 8h | 6h 15m | $2.0M | $1.6M | 20x |
| Short | tradeXYZ xyz:SOFTBANK | 41.628 | 0.0262 | get 0.0033% / 1h | 15m 01s | $1.7M | $493K | 10x |
Bitget SOFTBANKUSDT
tradeXYZ xyz:SOFTBANKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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
- $172.46
- Price spread: +1.344% → −0.010%
- $135.42
- Slippage, 4 orders
- −$254.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $22.93
- Costs to cover
- 2.850%
- Break-even
- 6.1 days
Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 3 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 Bitget live order book, 2 min ago | 1.34 bp | 9.7 bp −$10 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 20.45 bp | 70.5 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
SOFTBANK on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOFTBANKUSDTlong | −0.0559% | 8h | 41.076 | long leg | $2.0M | $1.6M | 20x | |
| OKX SOFTBANK-USDT-SWAP | −0.0291% | 8h | 41.250 | +0.424% | $74K | $194K | 10x | as long as short |
| Gate SOFTBANK_USDT | 0.0000% | 8h | 41.420 | +0.837% | $5K | $754 | 20x | as long as short |
| HTX SOFTBANK-USDT | 0.0000% | 1h | 41.739 | +1.614% | $6K | $381K | 20x | as long as short |
| tradeXYZ xyz:SOFTBANKshort | +0.0262% | 1h | 41.628 | +1.344% | $1.7M | $493K | 10x |
OKX SOFTBANK-USDT-SWAP
Gate SOFTBANK_USDT
HTX SOFTBANK-USDT