Funding you earn now, next payment 08:00 UTC+0.0206%/8h= +22.6% APRnext payment +$1.03 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against Binance−0.149%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1341.336% of the position
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now −0.149%, 7d avg −0.089%
=Funding pays, the price is against you. Bitget is 0.060% cheaper against Binance than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.089%). If the spread goes back, that is −$6 on $10k: about 23 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.248%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BUSDT | 0.2011 | 0.0360 | pay 0.0180% / 4h | 2h 19m | $11.6M | $2.0M | 20x |
| Short | Bitget BUSDT | 0.2008 | 0.0566 | get 0.0283% / 4h | 2h 19m | $2.7M | $325K | 10x |
Binance BUSDT
Bitget BUSDTFunding 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
- $43.36
- Price spread: −0.149% → −0.089%
- −$6.04
- Slippage, 4 orders
- −$111.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$96.26
- Costs to cover
- 1.336%
- Break-even
- 22.5 days
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 3 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, 6 min ago | 2.51 bp | 34.9 bp −$35 | 509.1 bp −$5,091 | 11000.2 bp −$1.10M | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.51 bp | 25.0 bp −$25 | 204.7 bp −$2,047 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2009 | −0.104% | $1.8M | $955K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2008 | −0.149% | $3.4M | $634K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2001 | −0.512% | $1.8M | $80K | 10x | as long as short |
| BloFin B-USDT | +0.0317% | 4h | 0.2009 | −0.099% | $599K | $37K | 20x | as long as short |
| edgeX BUSDC | +0.0344% | 4h | 0.2000 | −0.524% | $3K | $389K | 5x | as long as short |
| MEXC B_USDT | +0.0356% | 4h | 0.2011 | 0.000% | $975K | $378K | 100x | as long as short |
| Binance BUSDTlong | +0.0360% | 4h | 0.2011 | long leg | $11.6M | $2.0M | 20x | |
| Extended B-USD | +0.0360% | 1h | 0.2010 | −0.029% | $15K | $193K | 5x | as long as short |
| BingX B-USDT | +0.0500% | 4h | 0.2010 | −0.050% | — | $1.3M | — | as long as short |
| Bitget BUSDTshort | +0.0566% | 4h | 0.2008 | −0.149% | $2.7M | $325K | 10x |
Bybit BUSDT
Gate B_USDT
KuCoin BUSDTM
BloFin B-USDT
edgeX BUSDC
MEXC B_USDT
Extended B-USD
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1019% | 4h | 0.2006 | −0.250% | $1.9M | $224K | 5x | as long as short |
Aster BUSDT