Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h −0.043%
Price spread now: Binance against Bitget+0.296%7-day average +0.200% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1461.456% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.296%, 7d avg +0.200%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.096% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.200%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget B2USDT | 0.4999 | 0.0106 | pay 0.0053% / 4h | 2h 23m | $2.8M | $881K | 50x |
| Short | Binance B2USDT | 0.5014 | 0.0147 | get 0.0074% / 4h | 2h 23m | $8.2M | $10.1M | 50x |
Bitget B2USDT
Binance B2USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $8.67
- Price spread: +0.296% → +0.200%
- $9.58
- Slippage, 4 orders
- −$123.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$127.32
- Costs to cover
- 1.456%
- Break-even
- 109.8 days
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 2 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, 4 min ago | 12.93 bp | 40.6 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.00 bp | 36.4 bp −$36 | 161.8 bp −$1,618 | doesn't fit | doesn't fit |
B2 on 9 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 B2USDT | +0.0100% | 4h | 0.5005 | +0.120% | $1.6M | $2.0M | 20x | as long as short |
| Bitget B2USDTlong | +0.0106% | 4h | 0.4999 | long leg | $2.8M | $881K | 50x | |
| MEXC B2_USDT | +0.0146% | 4h | 0.5013 | +0.280% | $546K | $364K | 100x | as long as short |
| Binance B2USDTshort | +0.0147% | 4h | 0.5014 | +0.296% | $8.2M | $10.1M | 50x | |
| BingX B2-USDT | +0.0174% | 4h | 0.5010 | +0.220% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0394% | 4h | 0.4996 | −0.060% | $157K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0443% | 4h | 0.5025 | +0.524% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.0696% | 4h | 0.5006 | +0.140% | $998K | $307K | 50x | as long as short |
| Gate B2_USDT | +0.1098% | 4h | 0.5003 | +0.080% | $907K | $406K | 20x | as long as short |
Bybit B2USDT
MEXC B2_USDT
BingX B2-USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM
Gate B2_USDT