Funding you earn now, next payment 05:00 UTC+0.0062%/8h= +6.7% APRpaid last 24h −0.202%
Price spread now: Bitget against tradeXYZ−0.756%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$1901.900% of the position
Funding, last 7 days−0.716%−$72 on $10k
+Price spread, last 7 days+0.563%+$56 · spread now −0.756%, 7d avg −0.022%
=Together, before fees−0.154%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.733% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.756% now, against its 7-day average of −0.022%). If the spread goes back, that is −$73 on $10k: about 40 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.716%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SOFTBANK | 41.294 | −0.0096 | get 0.0012% / 1h | 14m 48s | $1.6M | $520K | 10x |
| Short | Bitget SOFTBANKUSDT | 40.982 | −0.0034 | pay 0.0034% / 8h | 3h 14m | $2.1M | $1.6M | 20x |
tradeXYZ xyz:SOFTBANK
Bitget SOFTBANKUSDTFunding 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
- $12.94
- Price spread: −0.756% → −0.022%
- −$73.31
- Slippage, 4 orders
- −$160.03
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$250.39
- Costs to cover
- 1.900%
- Break-even
- 142.4 days
Slippage from tradeXYZ: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 12.49 bp | 117.6 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.10 bp | 10.3 bp −$10 | 14.4 bp −$144 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SOFTBANK-USDT-SWAP | −0.0210% | 8h | 41.320 | +0.063% | $85K | $216K | 10x | as long as short |
| tradeXYZ xyz:SOFTBANKlong | −0.0096% | 1h | 41.294 | long leg | $1.6M | $520K | 10x | |
| Bitget SOFTBANKUSDTshort | −0.0034% | 8h | 40.982 | −0.756% | $2.1M | $1.6M | 20x | |
| Gate SOFTBANK_USDT | 0.0000% | 8h | 41.330 | +0.087% | $5K | $754 | 20x | as long as short |
| HTX SOFTBANK-USDT | 0.0000% | 1h | 41.083 | −0.511% | $6K | $380K | 20x | as long as short |
OKX SOFTBANK-USDT-SWAP
Gate SOFTBANK_USDT
HTX SOFTBANK-USDT