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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.121%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1061.056% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.121%, 7d avg −0.008%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.130% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NILUSDT0.073910.0100pay 0.0050% / 4h0m 19s$5.7M$50.2M50x
ShortBitget NILUSDT0.074000.0100get 0.0050% / 4h0m 19s$2.0M$6.1M50x

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
$0
Price spread: +0.121% → −0.008%
$12.97
Slippage, 4 orders
−$83.57
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$92.59
Costs to cover
1.056%
Break-even
never at this rate
Slippage from Binance: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago2.66 bp24.5 bp −$24144.5 bp −$1,445doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago8.06 bp30.7 bp −$31126.0 bp −$1,260doesn't fitdoesn't fit

NIL on 12 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
BloFin NIL-USDT+0.0054%4h0.07420+0.392%$374K$82K50xas long as short
Aster NILUSDT+0.0100%4h0.07404+0.173%$31K$257K5xas long as short
Binance NILUSDTlong+0.0100%4h0.07391long leg$5.7M$50.2M50x
Bybit NILUSDT+0.0100%4h0.07406+0.203%$4.1M$10.3M20xas long as short
MEXC NIL_USDT+0.0100%4h0.07387−0.054%$2.3M$3.4M100xas long as short
Bitget NILUSDTshort+0.0100%4h0.07400+0.121%$2.0M$6.1M50x
BingX NIL-USDT+0.0100%4h0.07394+0.040%$8.1Mas long as short
Variational Omni NIL+0.0100%4h0.07432+0.561%$181K$248Kas long as short
Extended NIL-USD+0.0104%1h0.07398+0.088%$18K$195K5xas long as short
KuCoin NILUSDTM+0.0104%4h0.07408+0.230%$620K$581K30xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NIL_USDT+0.0130%4h0.07396+0.067%$459K$1.5M50xas long as short
Hyperliquid NIL+0.1763%1h0.07409+0.245%$4.8M$4.5M3xas long as short