Funding you earn now, next payment 07:00 UTC−0.4681%/8h= −512.6% APRnext payment −$5.85 per $10,000 · paid last 24h −0.377%
Price spread now: Binance against Bitget+0.070%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days−2.095%−$210 on $10k
+Price spread, last 7 days−0.189%−$19 · spread now +0.070%, 7d avg −0.026%
=The price spread pays, funding is against you. Binance is 0.096% dearer against Bitget than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.026%): +$10 on $10k if it goes back. Holding the pair costs −$140 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−2.095% in total) that is about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.095% in total (about -109.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.85 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 LSKUSDT | 0.3390 | −0.1568 | get 0.0196% / 1h | 33m 38s | $2.6M | $10.1M | 50x |
| Short | Binance LSKUSDT | 0.3392 | −0.6249 | pay 0.0781% / 1h | 33m 38s | $14.7M | $100.6M | 50x |
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
- −$983
- Price spread: +0.070% → −0.026%
- $9.58
- Slippage, 4 orders
- −$50.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,046.08
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 9 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, 5 min ago | 2.96 bp | 20.9 bp −$21 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.30 bp | 13.2 bp −$13 | 75.1 bp −$751 | doesn't fit | doesn't fit |
LSK on 10 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 LSKUSDT | −1.1330% | 1h | 0.3414 | +0.708% | $9.4M | $20.6M | 25x | as long as short |
| HTX LSK-USDT | −1.0118% | 1h | 0.3372 | −0.537% | $40K | $317K | 20x | as long as short |
| Gate LSK_USDT | −0.7800% | 1h | 0.3398 | +0.236% | $1.4M | $2.6M | 20x | as long as short |
| Variational Omni LSK | −0.6631% | 1h | 0.3410 | +0.578% | $30K | $189K | — | as long as short |
| Binance LSKUSDTshort | −0.6249% | 1h | 0.3392 | +0.070% | $14.7M | $100.6M | 50x | |
| MEXC LSK_USDT | −0.6016% | 1h | 0.3394 | +0.121% | $8.5M | $2.4M | 20x | as long as short |
| Aster LSKUSDT | −0.5490% | 1h | 0.3394 | +0.111% | $60K | $177K | 5x | as long as short |
| Kraken Futures PF_LSKUSD | −0.2063% | 1h | 0.3396 | +0.165% | $101K | $361K | 10x | as long as short |
| Bitget LSKUSDTlong | −0.1568% | 1h | 0.3390 | long leg | $2.6M | $10.1M | 50x | |
| BingX LSK-USDT | −0.0848% | 1h | 0.3399 | +0.274% | — | $2.8M | — | as long as short |
Bitget LSKUSDT
Binance LSKUSDT
Bybit LSKUSDT
HTX LSK-USDT
Gate LSK_USDT
Variational Omni LSK
MEXC LSK_USDT
Aster LSKUSDT
Kraken Futures PF_LSKUSD
BingX LSK-USDT