Settings8H · net · $10k
Funding arb · Price arb /

TXN

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Alert: funding
Alert: spread
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+0.052%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2352.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 2 days (all we have)+0.178%+$18 · spread now +0.052%, 7d avg +0.072%
Together, before fees+0.178%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.020% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TXNUSDT270.040get 0.0000% / 8h3h 10m$294K$455K25x
ShortBitget TXNUSDT270.180get 0.0000% / 8h3h 10m$153K$104K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.052% → +0.072%
−$2.04
Slippage, 4 orders
−$212.92
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$236.96
Costs to cover
2.349%
Break-even
never at this rate
Slippage from Binance: live order book, 36 min ago; Bitget: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 36 min ago7.02 bp32.3 bp −$32111.7 bp −$1,117doesn't fitdoesn't fit
Sell Bitget live order book, 34 min ago8.49 bp100.5 bp −$101124.6 bp −$1,246doesn't fitdoesn't fit

TXN on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TXNUSDTlong0.0000%8h270.04long leg$294K$455K25x
Bybit TXNUSDT0.0000%8h270.11+0.026%$165K$60K25xas long as short
Gate TXN_USDT0.0000%8h270.10+0.022%$226K$98K20xas long as short
Bitget TXNUSDTshort0.0000%8h270.18+0.052%$153K$104K20x
Variational Omni TXN0.0000%8h270.00−0.015%$20K$13Kas long as short
Extended TXN-USD+0.0040%1h271.05+0.375%$41K$12K10xas long as short
HTX TXN-USDT+0.0100%8h269.88−0.059%$3K$36K10xas long as short