Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.078%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.078%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.086% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMTUSDT | 0.008330 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $2.6M | $3.0M | 50x |
| Short | Bitget GMTUSDT | 0.008323 | 0.0100 | get 0.0050% / 4h | 2h 26m | $670K | $405K | 50x |
Binance GMTUSDT
Bitget GMTUSDTFunding 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
- $0
- Price spread: −0.078% → +0.008%
- −$8.63
- Slippage, 4 orders
- −$81.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.87
- Costs to cover
- 1.032%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 58 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, 9 min ago | 1.80 bp | 22.9 bp −$23 | 127.8 bp −$1,278 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 6.01 bp | 28.5 bp −$29 | 338.4 bp −$3,384 | doesn't fit | doesn't fit |
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1130% | 1h | 0.008324 | −0.065% | $47K | $8K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0092% | 4h | 0.008310 | −0.234% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008327 | −0.030% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008324 | −0.064% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDTlong | +0.0100% | 4h | 0.008330 | long leg | $2.6M | $3.0M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008328 | −0.018% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008325 | −0.054% | $343K | $553K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | −0.114% | $149K | $103K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008329 | −0.006% | $412K | $182K | 20x | as long as short |
| Bitget GMTUSDTshort | +0.0100% | 4h | 0.008323 | −0.078% | $670K | $405K | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008315 | −0.174% | — | $1.2M | — | as long as short |
| Variational Omni GMT | +0.0100% | 8h | 0.008311 | −0.227% | $3K | $5K | — | as long as short |
BingX GMT-USDT
Variational Omni GMT