Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.088%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1141.138% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.088%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.066% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PUNDIXUSDT | 0.1194 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $238K | $233K | 20x |
| Short | Binance PUNDIXUSDT | 0.1193 | 0.0100 | get 0.0050% / 4h | 3h 33m | $1.4M | $1.8M | 50x |
Bitget PUNDIXUSDT
Binance PUNDIXUSDTFunding 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: −0.088% → −0.022%
- −$6.62
- Slippage, 4 orders
- −$91.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$120.42
- Costs to cover
- 1.138%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 31 min ago; Binance: live order book, 15 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, 31 min ago | 2.94 bp | 21.8 bp −$22 | 207.6 bp −$2,076 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.76 bp | 32.3 bp −$32 | 162.7 bp −$1,627 | 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 | 0.1193 | −0.084% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTshort | +0.0100% | 4h | 0.1193 | −0.088% | $1.4M | $1.8M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1196 | +0.109% | $778K | $413K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1192 | −0.193% | $37K | $7K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1193 | −0.075% | $2.4M | $105K | 50x | as long as short |
| Bitget PUNDIXUSDTlong | +0.0100% | 4h | 0.1194 | long leg | $238K | $233K | 20x | |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1200 | +0.445% | $1K | $60K | — | as long as short |
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Variational Omni PUNDIX