Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now 0.000%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BIOUSDT | 0.02873 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $1.3M | $566K | 50x |
| Short | Binance BIOUSDT | 0.02873 | 0.0100 | get 0.0050% / 4h | 3h 55m | $6.1M | $7.6M | 50x |
Bitget BIOUSDT
Binance BIOUSDTFunding 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
- $0
- Price spread: 0.000% → +0.005%
- −$0.47
- Slippage, 4 orders
- −$56.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.01
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 14 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, 1 min ago | 3.48 bp | 21.8 bp −$22 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.74 bp | 16.5 bp −$16 | 58.4 bp −$584 | doesn't fit | doesn't fit |
BIO on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSD | −0.0685% | 1h | 0.02872 | −0.043% | $11K | $6K | 20x | as long as short |
| OKX BIO-USDT-SWAP | +0.0093% | 4h | 0.02876 | +0.104% | $1.1M | $2.1M | 20x | as long as short |
| BloFin BIO-USDT | +0.0096% | 4h | 0.02880 | +0.244% | $264K | $7K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02878 | +0.188% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0099% | 4h | 0.02871 | −0.070% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02872 | −0.043% | $21K | $101K | 5x | as long as short |
| Binance BIOUSDTshort | +0.0100% | 4h | 0.02873 | 0.000% | $6.1M | $7.6M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02872 | −0.035% | $2.1M | $2.4M | 50x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02875 | +0.070% | $1.5M | $329K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02872 | −0.035% | $408K | $137K | 20x | as long as short |
Kraken Futures PF_BIOUSD
OKX BIO-USDT-SWAP
BloFin BIO-USDT
Lighter BIO
Orderly PERP_BIO_USDC
Aster BIOUSDT
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02874 | +0.035% | $546K | $119K | 20x | as long as short |
| Bitget BIOUSDTlong | +0.0100% | 4h | 0.02873 | long leg | $1.3M | $566K | 50x | |
| BingX BIO-USDT | +0.0100% | 4h | 0.02873 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02875 | +0.071% | $30K | $68K | — | as long as short |
| Hyperliquid BIO | +0.0118% | 1h | 0.02879 | +0.205% | $751K | $207K | 3x | as long as short |
KuCoin BIOUSDTM
BingX BIO-USDT
Variational Omni BIO
Hyperliquid BIO