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+0.099%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 2 days (all we have)+0.105%+$11 · spread now +0.099%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.149% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TERUSDT | 379.07 | 0 | get 0.0000% / 8h | 3h 11m | $525K | $702K | 25x |
| Short | Bitget TERUSDT | 379.44 | 0 | get 0.0000% / 8h | 3h 11m | $252K | $148K | 20x |
Binance TERUSDT
Bitget TERUSDTFunding 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: +0.099% → −0.050%
- $14.89
- Slippage, 4 orders
- −$102.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$109.23
- Costs to cover
- 1.241%
- Break-even
- never at this rate
Slippage from Binance: live order book, 51 min ago; Bitget: live order book, 39 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, 51 min ago | 2.72 bp | 12.6 bp −$13 | 88.1 bp −$881 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 39 min ago | 18.14 bp | 24.8 bp −$25 | 48.2 bp −$482 | doesn't fit | doesn't fit |
TER on 10 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 TERUSDTlong | 0.0000% | 8h | 379.07 | long leg | $525K | $702K | 25x | |
| Bybit TERUSDT | 0.0000% | 8h | 379.44 | +0.099% | $249K | $174K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 380.27 | +0.317% | $202K | $167K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 379.90 | +0.220% | $295K | $210K | 20x | as long as short |
| Bitget TERUSDTshort | 0.0000% | 8h | 379.44 | +0.099% | $252K | $148K | 20x | |
| Variational Omni TER | 0.0000% | 8h | 379.26 | +0.051% | $48K | $54K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 379.05 | −0.004% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 379.26 | +0.051% | $238K | $88K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 381.43 | +0.623% | $3K | $38K | 10x | as long as short |
| Paragon para:TER | +0.1508% | 1h | 379.22 | +0.040% | $121K | $56K | 10x | as long as short |
Bybit TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT
Paragon para:TER