Funding you earn now, next payment 08:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Extended−0.537%7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3183.179% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)+0.567%+$57 · spread now −0.537%, 7d avg +0.103%
=Together, before fees+0.425%+ Points / potential airdropExtended: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.641% cheaper against Extended than usual: you would sell low and buy high (−$64 if the spread goes back to its 7-day average of +0.103%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01630 | 0.0328 | pay 0.0041% / 1h | 41m 41s | $3K | $164K | 5x |
| Short | Bitget USUSDT | 0.01621 | 0.0100 | get 0.0050% / 4h | 41m 41s | $4.3M | $258K | 10x |
Extended US-USD
Bitget USUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$47.88
- Price spread: −0.537% → +0.103%
- −$64.08
- Slippage, 4 orders
- −$300.86
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$429.82
- Costs to cover
- 3.179%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; Bitget: live order book, 1 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 Extended live order book, 31 min ago | 6.44 bp | 103.7 bp −$104 | 853.8 bp −$8,538 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 10.10 bp | 35.1 bp −$35 | 250.8 bp −$2,508 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0406% | 4h | 0.01622 | −0.482% | $3.9M | $451K | 20x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01621 | −0.593% | $3.2M | $938K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01629 | −0.059% | $2.1M | $612K | 20x | as long as short |
| Bitget USUSDTshort | +0.0100% | 4h | 0.01621 | −0.537% | $4.3M | $258K | 10x | |
| Variational Omni US | +0.0100% | 4h | 0.01633 | +0.155% | $16K | $4K | — | as long as short |
| Aster USUSDT | +0.0119% | 4h | 0.01626 | −0.274% | $12K | $50K | 5x | as long as short |
| BloFin US-USDT | +0.0289% | 4h | 0.01632 | +0.107% | $482K | $48K | 10x | as long as short |
| MEXC US_USDT | +0.0322% | 4h | 0.01631 | +0.039% | $5.5M | $114K | 100x | as long as short |
| BingX US-USDT | +0.0324% | 4h | 0.01626 | −0.267% | — | $1.3M | — | as long as short |
| Binance USUSDT | +0.0324% | 4h | 0.01625 | −0.336% | $9.1M | $3.3M | 10x | as long as short |
KuCoin USUSDTM
Bybit USUSDT
Gate US_USDT
Variational Omni US
Aster USUSDT
BloFin US-USDT
MEXC US_USDT
BingX US-USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended US-USDlong | +0.0328% | 1h | 0.01630 | long leg | $3K | $164K | 5x |