Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h +0.032%
Price spread now: Bitget against Binance−0.147%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days+0.365%+$37 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.147%, 7d avg −0.131%
=The price spread sits at its 7-day average of −0.131%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.365%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TUSDT | 0.005181 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $3.3M | $7.2M | 50x |
| Short | Bitget TUSDT | 0.005173 | −0.0026 | pay 0.0013% / 4h | 3h 57m | $878K | $505K | 50x |
Binance TUSDT
Bitget TUSDTFunding 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
- −$26.46
- Price spread: −0.147% → −0.131%
- −$1.54
- Slippage, 4 orders
- −$62.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$112.8
- Costs to cover
- 0.848%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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, 12 min ago | 1.93 bp | 15.8 bp −$16 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 2.89 bp | 26.0 bp −$26 | 104.4 bp −$1,044 | doesn't fit | doesn't fit |
T on 8 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_TUSD | −0.2818% | 1h | 0.005174 | −0.119% | $2K | $2K | 10x | as long as short |
| Variational Omni T | −0.0224% | 4h | 0.005173 | −0.145% | $7K | $6K | — | as long as short |
| Bitget TUSDTshort | −0.0026% | 4h | 0.005173 | −0.147% | $878K | $505K | 50x | |
| Binance TUSDTlong | +0.0100% | 4h | 0.005181 | long leg | $3.3M | $7.2M | 50x | |
| Bybit TUSDT | +0.0100% | 4h | 0.005181 | +0.008% | $1.6M | $1.5M | 25x | as long as short |
| Gate T_USDT | +0.0100% | 4h | 0.005180 | −0.012% | $213K | $80K | 20x | as long as short |
| MEXC T_USDT | +0.0100% | 4h | 0.005180 | −0.012% | $3.1M | $221K | 20x | as long as short |
| KuCoin TUSDTM | +0.0100% | 4h | 0.005181 | +0.008% | $1.3M | $84K | 12x | as long as short |
Kraken Futures PF_TUSD
Variational Omni T
Bybit TUSDT
Gate T_USDT
MEXC T_USDT
KuCoin TUSDTM