Funding you earn now, next payment 08:00 UTC+0.0474%/8h= +51.9% APRnext payment +$4.74 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against Bitget+0.012%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
Funding, last 7 days+0.295%+$29 on $10k
+Price spread, last 4 days (all we have)−0.791%−$79 · spread now +0.012%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.295% in total (about 15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VRTUSDT | 252.33 | 0 | get 0.0000% / 8h | 5h 43m | $477K | $145K | 20x |
| Short | Binance VRTUSDT | 252.36 | 0.0474 | get 0.0474% / 8h | 5h 43m | $1.1M | $1.0M | 25x |
Bitget VRTUSDT
Binance VRTUSDTFunding 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
- $99.61
- Price spread: +0.012% → −0.037%
- $4.91
- Slippage, 4 orders
- −$132.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.63
- Costs to cover
- 1.542%
- Break-even
- 10.5 days
Slippage from Bitget: live order book, 13 min ago; Binance: live order book, 4 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, 13 min ago | 10.12 bp | 21.6 bp −$22 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.78 bp | 10.0 bp −$10 | 60.6 bp −$606 | doesn't fit | doesn't fit |
VRT 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VRTUSDT | 0.0000% | 8h | 252.52 | +0.075% | $452K | $122K | 25x | as long as short |
| Gate VRT_USDT | 0.0000% | 8h | 252.20 | −0.052% | $139K | $17K | 20x | as long as short |
| Bitget VRTUSDTlong | 0.0000% | 8h | 252.33 | long leg | $477K | $145K | 20x | |
| SunX VRT-USDT | 0.0000% | 8h | 252.39 | +0.024% | $353 | $486K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 252.37 | +0.016% | $9K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −1.153% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0200% | 8h | 252.33 | 0.000% | $263K | $156K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0275% | 8h | 252.29 | −0.016% | $107K | $24K | 20x | as long as short |
| Binance VRTUSDTshort | +0.0474% | 8h | 252.36 | +0.012% | $1.1M | $1.0M | 25x |
Bybit VRTUSDT
Gate VRT_USDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM