Funding you earn now, next payment 05:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h +0.018%
Price spread now: tradeXYZ against Binance−0.033%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now −0.033%, 7d avg −0.067%
=Together, before fees+0.044%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.034% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 273.92 | 0.0025 | pay 0.0025% / 8h | 3h 38m | $8.4M | $36.6M | 25x |
| Short | tradeXYZ xyz:BE | 273.83 | 0.0050 | get 0.0006% / 1h | 38m 03s | $5.9M | $2.7M | 10x |
Binance BEUSDT
tradeXYZ xyz:BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $5.3
- Price spread: −0.033% → −0.067%
- $3.42
- Slippage, 4 orders
- −$21.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$41.16
- Costs to cover
- 0.499%
- Break-even
- 61.4 days
Slippage from Binance: live order book, 4 min ago; tradeXYZ: 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 Binance live order book, 4 min ago | 1.09 bp | 11.5 bp −$11 | 31.9 bp −$319 | 111.6 bp −$11.2K | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.18 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.16 | +0.089% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.80 | −0.044% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.97 | +0.018% | $1.6M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.58 | +0.241% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.22 | +0.110% | $902 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.45 | +0.193% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0021% | 8h | 274.02 | +0.037% | $2.0M | $1.1M | 25x | as long as short |
| Extended BE-USD | +0.0024% | 1h | 273.92 | +0.001% | $46K | $260K | 10x | as long as short |
| Binance BEUSDTlong | +0.0025% | 8h | 273.92 | long leg | $8.4M | $36.6M | 25x | |
| Lighter BE | +0.0032% | 1h | 273.77 | −0.055% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
Extended BE-USD
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 273.84 | −0.029% | $250K | $290K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.09 | +0.062% | $1.3M | $2.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.28 | +0.131% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.17 | +0.091% | — | — | 10x | as long as short |
| tradeXYZ xyz:BEshort | +0.0050% | 1h | 273.83 | −0.033% | $5.9M | $2.7M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.33 | −0.215% | $473K | $132K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 273.93 | +0.004% | $370K | $19K | 20x | as long as short |
| BloFin BE-USDT | +0.0103% | 8h | 274.17 | +0.091% | $45K | $142K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.94 | +0.006% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0124% | 8h | 274.10 | +0.066% | $2.7M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0334% | 1h | 273.96 | +0.015% | $7K | $4K | 10x | as long as short |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
BloFin BE-USDT
Aevo BE-PERP
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL