Funding you earn now, next payment 12:00 UTC+0.0574%/8h= +62.8% APRnext payment +$2.87 per $10,000 · paid last 24h +0.100%
Price spread now: Binance against Bitget−0.246%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)+0.460%+$46 · spread now −0.246%, 7d avg −0.108%
=Funding pays, the price is against you. Binance is 0.139% cheaper against Bitget than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of −0.108%). If the spread goes back, that is −$14 on $10k: about 19 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.224% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.224% in total (about 11.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.87 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 ACUUSDT | 0.1218 | 0.0118 | pay 0.0059% / 4h | 3h 45m | $237K | $259K | 10x |
| Short | Binance ACUUSDT | 0.1215 | 0.0692 | get 0.0346% / 4h | 3h 45m | $2.6M | $1.9M | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $120.51
- Price spread: −0.246% → −0.108%
- −$13.87
- Slippage, 4 orders
- −$143.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.05
- Costs to cover
- 1.657%
- Break-even
- 10.4 days
Slippage from Bitget: live order book, 44 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, 44 min ago | 5.34 bp | 30.3 bp −$30 | 322.6 bp −$3,226 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.47 bp | 39.4 bp −$39 | 174.5 bp −$1,745 | doesn't fit | doesn't fit |
ACU on 11 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 ACUUSDT | +0.0100% | 4h | 0.1215 | −0.287% | $857K | $699K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1215 | −0.312% | $221K | $319K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1213 | −0.427% | $174K | $22K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1214 | −0.361% | $563K | $29K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1213 | −0.435% | $2K | $1.5M | 20x | as long as short |
| Bitget ACUUSDTlong | +0.0118% | 4h | 0.1218 | long leg | $237K | $259K | 10x | |
| Aster ACUUSDT | +0.0487% | 4h | 0.1214 | −0.358% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDT | +0.0662% | 4h | 0.1215 | −0.295% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0688% | 4h | 0.1215 | −0.254% | $14.0M | $373K | 50x | as long as short |
| Binance ACUUSDTshort | +0.0692% | 4h | 0.1215 | −0.246% | $2.6M | $1.9M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDT | +0.0721% | 4h | 0.1215 | −0.246% | $117K | $61K | 10x | as long as short |
Bitget ACUUSDT
Binance ACUUSDT
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDT
BloFin ACU-USDT