Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.278%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1341.339% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 2 days (all we have)+0.138%+$14 · spread now −0.278%, 7d avg −0.133%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.146% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SONYUSDT | 23.700 | 0 | get 0.0000% / 8h | 5h 38m | $362K | $285K | 20x |
| Short | Bitget SONYUSDT | 23.634 | 0 | get 0.0000% / 8h | 5h 38m | $149K | $9K | 20x |
Binance SONYUSDT
Bitget SONYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $0
- Price spread: −0.278% → −0.133%
- −$14.58
- Slippage, 4 orders
- −$111.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$148.5
- Costs to cover
- 1.339%
- Break-even
- never at this rate
Slippage from Binance: live order book, 38 min ago; Bitget: live order book, 16 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 Binance live order book, 38 min ago | 4.23 bp | 25.4 bp −$25 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 16 min ago | 12.50 bp | 19.4 bp −$19 | 34.8 bp −$348 | doesn't fit | doesn't fit |
SONY on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SONYUSDTlong | 0.0000% | 8h | 23.700 | long leg | $362K | $285K | 20x | |
| Bybit SONYUSDT | 0.0000% | 8h | 23.690 | −0.042% | $98K | $32K | 25x | as long as short |
| OKX SONY-USDT-SWAP | 0.0000% | 8h | 23.730 | +0.127% | $75K | $30K | 10x | as long as short |
| Gate SONY_USDT | 0.0000% | 8h | 23.703 | +0.013% | $64K | $964 | 20x | as long as short |
| Bitget SONYUSDTshort | 0.0000% | 8h | 23.634 | −0.278% | $149K | $9K | 20x | |
| Variational Omni SONY | 0.0000% | 8h | 23.705 | +0.023% | $46K | $41K | — | as long as short |
| HTX SONY-USDT | +0.0100% | 8h | 23.710 | +0.042% | $8K | $8K | 10x | as long as short |
| KuCoin SONYUSDTM | +0.0319% | 8h | 23.670 | −0.127% | $50K | $434K | 20x | as long as short |
Bybit SONYUSDT
OKX SONY-USDT-SWAP
Gate SONY_USDT
Variational Omni SONY
HTX SONY-USDT
KuCoin SONYUSDTM