Funding you earn now, next payment 08:00 UTC+0.1079%/8h= +118.2% APRnext payment +$10.79 per $10,000 · paid last 24h +0.322%
Price spread now: Bitget against Binance+0.034%7-day average +0.330% · you sell dearer than you buy
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2372.372% of the position
Funding, last 7 days−0.624%−$62 on $10k
+Price spread, last 4 days (all we have)+0.674%+$67 · spread now +0.034%, 7d avg +0.330%
=Funding pays, the price is against you. Bitget is 0.296% cheaper against Binance than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.330%). If the spread goes back, that is −$30 on $10k: about 22 hours of funding at the current rate (+$32 a day). Mind the row above: over the last 7 days funding on this pair cost −0.624%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.624% in total (about -32.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.79 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 | Binance BOTUSDT | 29.590 | −0.1079 | get 0.1079% / 8h | 5h 09m | $456K | $1.2M | 10x |
| Short | Bitget BOTUSDT | 29.600 | 0 | get 0.0000% / 8h | 5h 09m | $248K | $121K | 5x |
Binance BOTUSDT
Bitget BOTUSDTFunding 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
- $226.64
- Price spread: +0.034% → +0.330%
- −$29.59
- Slippage, 4 orders
- −$215.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$40.12
- Costs to cover
- 2.372%
- Break-even
- 8.2 days
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 45 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, 8 min ago | 1.69 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 45 min ago | 16.93 bp | 58.2 bp −$58 | 126.8 bp −$1,268 | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1406% | 8h | 29.540 | −0.169% | $96K | $284K | 20x | as long as short |
| Binance BOTUSDTlong | −0.1079% | 8h | 29.590 | long leg | $456K | $1.2M | 10x | |
| Variational Omni BOT | −0.1066% | 8h | 29.549 | −0.138% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.0767% | 8h | 29.580 | −0.034% | $236K | $226K | 20x | as long as short |
| QFEX BOT-USD | −0.0160% | 1h | 29.550 | −0.135% | $1.1M | $530K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.540 | −0.169% | $513K | $534K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.580 | −0.034% | $256K | $241K | 20x | as long as short |
| Bitget BOTUSDTshort | 0.0000% | 8h | 29.600 | +0.034% | $248K | $121K | 5x | |
| Lighter BOT | +0.0032% | 1h | 29.691 | +0.341% | $68K | $1K | 3x | as long as short |
| Arcus BOT-USD | +0.0040% | 1h | 29.520 | −0.237% | $3K | $9K | 5x | as long as short |
KuCoin BOTUSDTM
Variational Omni BOT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Lighter BOT
Arcus BOT-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.598 | +0.027% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.0318% | 1h | 29.538 | −0.176% | $3.1M | $803K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT