Funding you earn now, next payment 00:00 UTC+0.0373%/8h= +40.8% APRnext payment +$3.73 per $10,000 · paid last 24h +0.033%
Price spread now: Binance against Bitget−0.085%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 2 days (all we have)+0.107%+$11 · spread now −0.085%, 7d avg +0.003%
=Funding pays, the price is against you. Binance is 0.088% cheaper against Bitget than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.003%). If the spread goes back, that is −$9 on $10k: about 19 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.284% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AMATUSDT | 466.93 | 0 | get 0.0000% / 8h | 45m 28s | $2.1M | $1.7M | 20x |
| Short | Binance AMATUSDT | 466.53 | 0.0373 | get 0.0373% / 8h | 45m 28s | $8.9M | $12.8M | 20x |
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
- $78.29
- Price spread: −0.085% → +0.003%
- −$8.78
- Slippage, 4 orders
- −$34.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $13.43
- Costs to cover
- 0.561%
- Break-even
- 5.8 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 10 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, 2 min ago | 1.39 bp | 11.9 bp −$12 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.54 bp | 14.8 bp −$15 | 48.1 bp −$481 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 466.32 | −0.131% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 466.49 | −0.094% | $934K | $651K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 467.09 | +0.034% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 466.80 | −0.028% | $2.0M | $6.4M | 50x | as long as short |
| Bitget AMATUSDTlong | 0.0000% | 8h | 466.93 | long leg | $2.1M | $1.7M | 20x | |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 466.34 | −0.126% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 466.12 | −0.173% | $406K | $409K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 466.92 | −0.002% | $1K | $385K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 467.59 | +0.141% | $170K | $40K | 20x | as long as short |
| Variational Omni AMAT | +0.0241% | 8h | 466.08 | −0.183% | $76K | $14K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | +0.0244% | 1h | 466.39 | −0.116% | $2.6M | $2.5M | 10x | as long as short |
| Phoenix AMAT | +0.0360% | 1h | 466.68 | −0.054% | $19K | $131K | 10x | as long as short |
| Extended AMAT-USD | +0.0368% | 1h | 466.57 | −0.077% | $5K | $27K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0369% | 8h | 466.49 | −0.094% | $109K | $80K | 20x | as long as short |
| Binance AMATUSDTshort | +0.0373% | 8h | 466.53 | −0.085% | $8.9M | $12.8M | 20x | |
| GRVT AMAT_USDT_Perp | +0.0593% | 8h | 466.58 | −0.075% | $5 | $100K | 10x | as long as short |
Bitget AMATUSDT
Binance AMATUSDT
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Variational Omni AMAT
tradeXYZ xyz:AMAT
Phoenix AMAT
Extended AMAT-USD
BloFin AMAT-USDT
GRVT AMAT_USDT_Perp