Funding you earn now, next payment 10:00 UTC+0.2645%/8h= +289.6% APRnext payment +$3.31 per $10,000 · paid last 24h +1.027%
Price spread now: Bitget against Binance+0.084%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days+0.891%+$89 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now +0.084%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$79 a day on $10k at the current rate, and Bitget is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.891% in total (about 46.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.31 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GUSDT | 0.006129 | −0.4597 | get 0.0575% / 1h | 20m 10s | $9.0M | $39.7M | 50x |
| Short | Bitget GUSDT | 0.006134 | −0.1952 | pay 0.0244% / 1h | 20m 10s | $1.4M | $3.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $555.44
- Price spread: +0.084% → +0.006%
- $7.82
- Slippage, 4 orders
- −$51.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $490.12
- Costs to cover
- 0.731%
- Break-even
- 0.8 days
Slippage from Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.81 bp | 16.9 bp −$17 | 70.7 bp −$707 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.08 bp | 20.7 bp −$21 | 84.3 bp −$843 | doesn't fit | doesn't fit |
G on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDT | −0.4616% | 1h | 0.006129 | +0.003% | $3.4M | $851K | 20x | as long as short |
| Binance GUSDTlong | −0.4597% | 1h | 0.006129 | long leg | $9.0M | $39.7M | 50x | |
| Aster GUSDT | −0.4168% | 1h | 0.006132 | +0.056% | $604K | $531K | 5x | as long as short |
| Gate G_USDT | −0.4000% | 1h | 0.006128 | −0.014% | $846K | $3.2M | 25x | as long as short |
| KuCoin GUSDTM | −0.2864% | 1h | 0.006099 | −0.487% | $1.5M | $1.1M | 30x | as long as short |
| Bitget GUSDTshort | −0.1952% | 1h | 0.006134 | +0.084% | $1.4M | $3.8M | 50x | |
| BingX G-USDT | −0.1160% | 1h | 0.006122 | −0.111% | — | $2.7M | — | as long as short |
Binance GUSDT
Bitget GUSDT
MEXC G_USDT
Aster GUSDT
Gate G_USDT
KuCoin GUSDTM
BingX G-USDT