Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.169%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1161.155% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days−0.301%−$30 · spread now +0.169%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.207% dearer against Binance than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01184 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $3.0M | $6.6M | 50x |
| Short | Bitget WUSDT | 0.01186 | 0.0100 | get 0.0050% / 4h | 1h 39m | $1.3M | $566K | 50x |
Binance WUSDT
Bitget WUSDTFunding 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
- $0
- Price spread: +0.169% → −0.038%
- $20.73
- Slippage, 4 orders
- −$93.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.77
- Costs to cover
- 1.155%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 2 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, 14 min ago | 3.80 bp | 26.9 bp −$27 | 141.5 bp −$1,415 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 8.43 bp | 26.8 bp −$27 | 149.8 bp −$1,498 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0509% | 1h | 0.01184 | +0.017% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.111% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01186 | +0.169% | $2.0M | $382K | 5x | as long as short |
| Binance WUSDTlong | +0.0100% | 4h | 0.01184 | long leg | $3.0M | $6.6M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01183 | −0.068% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01183 | −0.110% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01187 | +0.236% | $448K | $251K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01186 | +0.152% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01186 | +0.169% | $388K | $212K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01186 | +0.169% | $1.3M | $566K | 50x |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01186 | +0.186% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01185 | +0.069% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01188 | +0.338% | $127K | $404K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01185 | +0.088% | $61K | $238K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0312% | 1h | 0.01190 | +0.490% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0453% | 1h | 0.01189 | +0.397% | $44K | $46K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1712% | 1h | 0.01187 | +0.254% | $147K | $180K | 20x | as long as short |
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD