Settings8H · net · $10k
Funding arb · Price arb /

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.044%
Price spread now: Bitget against Binance−0.090%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.254%−$25 on $10k
Price spread, last 7 days−0.209%−$21 · spread now −0.090%, 7d avg −0.206%
Together, before fees−0.463%−$46 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 Bitget is 0.116% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.206%. Mind the row above: over the last 7 days funding on this pair cost −0.254%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance B2USDT0.49140.0761pay 0.0381% / 4h2h 26m$7.9M$11.2M50x
ShortBitget B2USDT0.49100.0794get 0.0397% / 4h2h 26m$2.7M$1.2M50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.84
Price spread: −0.090% → −0.206%
$11.58
Slippage, 4 orders
−$113.77
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$117.36
Costs to cover
1.358%
Break-even
127.1 days
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago4.16 bp30.7 bp −$31270.3 bp −$2,703doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago9.29 bp40.4 bp −$40152.0 bp −$1,520doesn't fitdoesn't fit

B2 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit B2USDT+0.0100%4h0.4913−0.029%$1.5M$2.3M20xas long as short
MEXC B2_USDT+0.0740%4h0.4908−0.130%$551K$487K100xas long as short
BingX B2-USDT+0.0754%4h0.4906−0.171%$1.4Mas long as short
Binance B2USDTlong+0.0761%4h0.4914long leg$7.9M$11.2M50x
Bitget B2USDTshort+0.0794%4h0.4910−0.090%$2.7M$1.2M50x
Aster B2USDT+0.0853%4h0.4912−0.049%$153K$164K5xas long as short
Variational Omni B2+0.1136%4h0.4850−1.316%$13K$2Kas long as short
KuCoin B2USDTM+0.1162%4h0.4923+0.175%$1.0M$296K50xas long as short
Gate B2_USDT+0.2210%4h0.4926+0.236%$876K$386K20xas long as short