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: Bitget against Binance+0.043%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1211.213% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 4 days (all we have)+0.416%+$42 · spread now +0.043%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PUNDIXUSDT | 0.1165 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $1.3M | $1.7M | 50x |
| Short | Bitget PUNDIXUSDT | 0.1165 | 0.0100 | get 0.0050% / 4h | 3h 33m | $224K | $215K | 20x |
Binance PUNDIXUSDT
Bitget PUNDIXUSDTFunding 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
- $0
- Price spread: +0.043% → +0.015%
- $2.84
- Slippage, 4 orders
- −$99.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$118.5
- Costs to cover
- 1.213%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 56 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 | 3.85 bp | 28.0 bp −$28 | 278.9 bp −$2,789 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 56 min ago | 2.14 bp | 33.2 bp −$33 | 222.2 bp −$2,222 | doesn't fit | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1165 | −0.008% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTlong | +0.0100% | 4h | 0.1165 | long leg | $1.3M | $1.7M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1168 | +0.241% | $741K | $429K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1164 | −0.060% | $36K | $11K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1165 | +0.018% | $2.3M | $103K | 50x | as long as short |
| Bitget PUNDIXUSDTshort | +0.0100% | 4h | 0.1165 | +0.043% | $224K | $215K | 20x | |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1171 | +0.499% | $85 | $39K | — | as long as short |
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Variational Omni PUNDIX