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: Binance against Bitget−0.014%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2282.281% 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)−0.171%−$17 · spread now −0.014%, 7d avg −0.072%
Together, before fees−0.171%−$17 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: Binance is 0.058% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TXNUSDT270.370get 0.0000% / 8h2h 38m$153K$103K20x
ShortBinance TXNUSDT270.330get 0.0000% / 8h2h 38m$286K$469K25x

Funding 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 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: −0.014% → −0.072%
$5.82
Slippage, 4 orders
−$206.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$222.24
Costs to cover
2.281%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 69 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 Bitget live order book, 1 min ago9.43 bp79.3 bp −$79121.3 bp −$1,213doesn't fitdoesn't fit
Sell Binance live order book, 69 min ago7.02 bp44.7 bp −$45103.4 bp −$1,034doesn'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 TXNUSDTshort0.0000%8h270.33−0.014%$286K$469K25x
Bybit TXNUSDT0.0000%8h270.370.000%$165K$61K25xas long as short
Gate TXN_USDT0.0000%8h270.20−0.063%$226K$95K20xas long as short
Bitget TXNUSDTlong0.0000%8h270.37long leg$153K$103K20x
Variational Omni TXN0.0000%8h270.20−0.063%$20K$13Kas long as short
Extended TXN-USD+0.0040%1h271.05+0.252%$41K$12K10xas long as short
HTX TXN-USDT+0.0100%8h269.67−0.259%$4K$36K10xas long as short