Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Bitget+0.012%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.012%, 7d avg −0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008577 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $741K | $687K | 50x |
| Short | Binance GMTUSDT | 0.008578 | 0.0100 | get 0.0050% / 4h | 3h 17m | $2.9M | $5.4M | 50x |
Bitget GMTUSDT
Binance GMTUSDTFunding 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
- $0
- Price spread: +0.012% → −0.008%
- $1.96
- Slippage, 4 orders
- −$81.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.11
- Costs to cover
- 1.031%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 13 min ago; Binance: live order book, 5 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, 13 min ago | 7.10 bp | 28.6 bp −$29 | 379.4 bp −$3,794 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.93 bp | 24.3 bp −$24 | 112.5 bp −$1,125 | 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 | −0.1400% | 1h | 0.008565 | −0.144% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0139% | 8h | 0.008549 | −0.323% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0042% | 4h | 0.008560 | −0.198% | $243K | $204K | 50x | as long as short |
| Bybit GMTUSDT | +0.0014% | 8h | 0.008580 | +0.035% | $1.1M | $2.1M | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008571 | −0.070% | $120K | $152K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008573 | −0.048% | $7K | $22K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008578 | +0.012% | $2.9M | $5.4M | 50x | |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008574 | −0.035% | $390K | $1.2M | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008580 | +0.035% | $141K | $177K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008574 | −0.035% | $437K | $217K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
Bybit GMTUSDT
Hyperliquid GMT
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008577 | long leg | $741K | $687K | 50x | |
| BingX GMT-USDT | +0.0100% | 4h | 0.008561 | −0.187% | — | $1.3M | — | as long as short |
BingX GMT-USDT