Funding you earn now, next payment 06:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Bitget against Extended−0.311%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.311% cheaper against Extended than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended TXN-USD | 271.05 | 0.0040 | pay 0.0005% / 1h | 37m 28s | $41K | $12K | 10x |
| Short | Bitget TXNUSDT | 270.21 | 0 | get 0.0000% / 8h | 2h 37m | $153K | $103K | 20x |
Extended TXN-USD
Bitget TXNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$8.4
- Price spread: −0.311% → 0.000%
- −$31.06
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$56.46
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 9.43 bp | 71.7 bp −$72 | 97.2 bp −$972 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TXN on 7 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 TXNUSDT | 0.0000% | 8h | 270.37 | −0.250% | $286K | $469K | 25x | as long as short |
| Bybit TXNUSDT | 0.0000% | 8h | 270.63 | −0.156% | $165K | $61K | 25x | as long as short |
| Gate TXN_USDT | 0.0000% | 8h | 270.20 | −0.314% | $226K | $95K | 20x | as long as short |
| Bitget TXNUSDTshort | 0.0000% | 8h | 270.21 | −0.311% | $153K | $103K | 20x | |
| Variational Omni TXN | 0.0000% | 8h | 270.20 | −0.315% | $20K | $13K | — | as long as short |
| Extended TXN-USDlong | +0.0040% | 1h | 271.05 | long leg | $41K | $12K | 10x | |
| HTX TXN-USDT | +0.0100% | 8h | 269.67 | −0.510% | $4K | $36K | 10x | as long as short |
Binance TXNUSDT
Bybit TXNUSDT
Gate TXN_USDT
Variational Omni TXN
HTX TXN-USDT