Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Popdex+0.009%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.009%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex BGBUSDT | 2.1079 | 0.0096 | pay 0.0012% / 1h | 27m 41s | $60K | $246K | 20x |
| Short | Bitget BGBUSDT | 2.1081 | 0.0100 | get 0.0100% / 8h | 2h 27m | $23.7M | $6.2M | 50x |
Popdex BGBUSDT
Bitget BGBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Popdex. 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
- $0.84
- Price spread: +0.009% → +0.005%
- $0.48
- Slippage, 4 orders
- −$20.92
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$37.99
- Costs to cover
- 0.393%
- Break-even
- 323.6 days
Slippage from Popdex: live order book, 21 min ago; Bitget: live order book, 1 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 Popdex live order book, 21 min ago | 1.89 bp | 8.0 bp −$8 | 79.3 bp −$793 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.37 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
BGB on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex BGBUSDTlong | +0.0096% | 1h | 2.1079 | long leg | $60K | $246K | 20x | |
| Bitget BGBUSDTshort | +0.0100% | 8h | 2.1081 | +0.009% | $23.7M | $6.2M | 50x |