Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.081%
Price spread now: Binance against Bitget+0.108%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.424%+$42 on $10k
+Price spread, last 7 days−0.194%−$19 · spread now +0.108%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.108% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TENCENTUSDT | 58.680 | 0 | get 0.0000% / 8h | 5h 13m | $1.2M | $2.8M | 20x |
| Short | Binance TENCENTUSDT | 58.743 | 0 | get 0.0000% / 4h | 1h 13m | $2.9M | $3.5M | 25x |
Bitget TENCENTUSDT
Binance TENCENTUSDTFunding 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: +0.108% → 0.000%
- $10.75
- Slippage, 4 orders
- −$79.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.61
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 7 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, 4 min ago | 4.29 bp | 59.0 bp −$59 | 91.2 bp −$912 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.72 bp | 17.4 bp −$17 | 60.6 bp −$606 | doesn't fit | doesn't fit |
TENCENT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TENCENTUSDT | 0.0000% | 8h | 58.729 | +0.084% | $54K | $4K | 20x | as long as short |
| Binance TENCENTUSDTshort | 0.0000% | 4h | 58.743 | +0.108% | $2.9M | $3.5M | 25x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 58.730 | +0.085% | $247K | $245K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 58.720 | +0.068% | $1.7M | $588K | 25x | as long as short |
| Bitget TENCENTUSDTlong | 0.0000% | 8h | 58.680 | long leg | $1.2M | $2.8M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.620 | −0.102% | $10K | $39K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 58.988 | +0.525% | $69K | $4K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 58.630 | −0.085% | $124K | $674K | 20x | as long as short |
| edgeX TENCENTUSDC | +0.0564% | 4h | 58.308 | −0.634% | $121K | $211K | 10x | as long as short |
Aster TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT
Lighter TENCENT
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC