Funding you earn now, next payment 10:00 UTC−0.0347%/8h= −38.0% APRpaid last 24h 0.000%
Price spread now: tradeXYZ against Bitget0.000%7-day average −0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$961as in the Funding arb table
Net, price: spread back to 7d avg − costs−$941as in the Price arb table
costs, in and out, $10k−$9599.594% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.222%−$22 · spread now 0.000%, 7d avg −0.186%
=Together, before fees−0.236%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.186% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.186%): +$19 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.014% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BXUSDT | 126.03 | 0 | get 0.0000% / 8h | 6h 03m | $896K | $24K | 20x |
| Short | tradeXYZ xyz:BX | 126.03 | −0.0347 | pay 0.0043% / 1h | 3m 44s | $663K | $268K | 10x |
Bitget BXUSDT
tradeXYZ xyz:BXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$72.85
- Price spread: 0.000% → −0.186%
- $18.59
- Slippage, 4 orders
- −$929.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$1,013.61
- Costs to cover
- 9.594%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 min ago; tradeXYZ: live order book, 39 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, 45 min ago | 16.97 bp | 227.7 bp −$228 | 399.6 bp −$3,996 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 39 min ago | 5.14 bp | 36.3 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
BX on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BXshort | −0.0347% | 1h | 126.03 | 0.000% | $663K | $268K | 10x | |
| Aster BXUSDT | 0.0000% | 8h | 126.00 | −0.023% | $5K | $868 | 20x | as long as short |
| Binance BXUSDT | 0.0000% | 8h | 126.11 | +0.067% | $772K | $517K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.11 | +0.063% | $474K | $822K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.19 | +0.127% | $163K | $114K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 124.57 | −1.158% | $1.1M | $1.2M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.20 | +0.135% | $421K | $24K | 20x | as long as short |
| Bitget BXUSDTlong | 0.0000% | 8h | 126.03 | long leg | $896K | $24K | 20x | |
| Variational Omni BX | 0.0000% | 8h | 126.10 | +0.052% | $43K | $12K | — | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.14 | +0.087% | $1K | $278K | 10x | as long as short |
Aster BXUSDT
Binance BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
Variational Omni BX
SunX BX-USDTShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BX-USDT | 0.0000% | 8h | 126.04 | +0.008% | $7K | $3K | 20x | as long as short |
| Injective BX/USDC PERP | +0.0033% | 1h | 139.59 | +10.759% | $4K | $31K | 12x | as long as short |
| KuCoin BXUSDTM | +0.0100% | 8h | 125.99 | −0.032% | $114K | $836K | 20x | as long as short |
| GRVT BX_USDT_Perp | +0.0263% | 8h | 126.17 | +0.108% | $577 | $106K | 10x | as long as short |
HTX BX-USDT
Injective BX/USDC PERP
KuCoin BXUSDTM
GRVT BX_USDT_Perp