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: Binance against Bitget+0.169%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as 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)−0.029%−$3 · spread now +0.169%, 7d avg +0.133%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.036% dearer against Bitget than usual: you sell high and buy low, +$4 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 | Bitget SONYUSDT | 23.650 | 0 | get 0.0000% / 8h | 5h 14m | $149K | $9K | 20x |
| Short | Binance SONYUSDT | 23.690 | 0 | get 0.0000% / 8h | 5h 14m | $361K | $281K | 20x |
Bitget SONYUSDT
Binance SONYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.169% → +0.133%
- $3.65
- Slippage, 4 orders
- −$111.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.27
- Costs to cover
- 1.339%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 40 min ago; Binance: live order book, 62 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, 40 min ago | 12.50 bp | 62.3 bp −$62 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Binance live order book, 62 min ago | 4.23 bp | 26.9 bp −$27 | 111.4 bp −$1,114 | 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 SONYUSDTshort | 0.0000% | 8h | 23.690 | +0.169% | $361K | $281K | 20x | |
| Bybit SONYUSDT | 0.0000% | 8h | 23.680 | +0.127% | $98K | $32K | 25x | as long as short |
| OKX SONY-USDT-SWAP | 0.0000% | 8h | 23.730 | +0.338% | $75K | $30K | 10x | as long as short |
| Gate SONY_USDT | 0.0000% | 8h | 23.696 | +0.195% | $64K | $968 | 20x | as long as short |
| Bitget SONYUSDTlong | 0.0000% | 8h | 23.650 | long leg | $149K | $9K | 20x | |
| Variational Omni SONY | 0.0000% | 8h | 23.695 | +0.192% | $46K | $41K | — | as long as short |
| HTX SONY-USDT | +0.0100% | 8h | 23.610 | −0.169% | $8K | $8K | 10x | as long as short |
| KuCoin SONYUSDTM | +0.0248% | 8h | 23.660 | +0.042% | $50K | $423K | 20x | as long as short |
Bybit SONYUSDT
OKX SONY-USDT-SWAP
Gate SONY_USDT
Variational Omni SONY
HTX SONY-USDT
KuCoin SONYUSDTM