Funding you earn now, next payment 04:00 UTC+0.0131%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against Binance+0.287%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1871.866% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 7 days−0.190%−$19 · spread now +0.287%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.268% dearer against Binance than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.019%. Mind the row above: over the last 7 days funding on this pair cost −0.174%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01640 | 0.0221 | pay 0.0110% / 4h | 48m 33s | $9.1M | $3.3M | 10x |
| Short | Bitget USUSDT | 0.01645 | 0.0352 | get 0.0176% / 4h | 48m 33s | $4.3M | $260K | 10x |
Binance USUSDT
Bitget USUSDTFunding 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
- $27.57
- Price spread: +0.287% → +0.019%
- $26.75
- Slippage, 4 orders
- −$164.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.22
- Costs to cover
- 1.866%
- Break-even
- 40.6 days
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 4 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, 6 min ago | 3.05 bp | 50.7 bp −$51 | 356.5 bp −$3,565 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 15.53 bp | 39.4 bp −$39 | 200.8 bp −$2,008 | doesn't fit | doesn't fit |
US on 11 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 USUSDT | +0.0100% | 4h | 0.01642 | +0.104% | $3.2M | $926K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01637 | −0.177% | $2.1M | $589K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01636 | −0.274% | $4.1M | $288K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01646 | +0.336% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0184% | 4h | 0.01646 | +0.354% | $481K | $49K | 10x | as long as short |
| MEXC US_USDT | +0.0214% | 4h | 0.01641 | +0.061% | $5.5M | $112K | 100x | as long as short |
| Extended US-USD | +0.0216% | 1h | 0.01640 | −0.011% | $3K | $95K | 5x | as long as short |
| Binance USUSDTlong | +0.0221% | 4h | 0.01640 | long leg | $9.1M | $3.3M | 10x | |
| Aster USUSDT | +0.0294% | 4h | 0.01639 | −0.073% | $12K | $54K | 5x | as long as short |
| BingX US-USDT | +0.0312% | 4h | 0.01642 | +0.091% | — | $1.3M | — | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
BloFin US-USDT
MEXC US_USDT
Extended US-USD
Aster USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDTshort | +0.0352% | 4h | 0.01645 | +0.287% | $4.3M | $260K | 10x |