BOT

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.1428%/8h= +156.4% APRnext payment +$14.28 per $10,000 · paid last 24h +0.233%

Price spread now: Bitget against Binance+0.187%7-day average +0.319% · you sell dearer than you buy

Net, funding: paid 7d − costs−$498as in the Funding arb table

Net, price: spread back to 7d avg − costs−$481as in the Price arb table

costs, in and out, $10k−$4684.680% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.302%−$30 on $10k

Price spread, last 4 days (all we have)+0.521%+$52 · spread now +0.187%, 7d avg +0.319%

Together, before fees+0.219%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.132% cheaper against Binance than usual: you would sell low and buy high (spread +0.187% now, against its 7-day average of +0.319%). If the spread goes back, that is −$13 on $10k: about 7 hours of funding at the current rate (+$43 a day). Mind the row above: over the last 7 days funding on this pair cost −0.302%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.302% in total (about -15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.28 per $10,000. 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	Binance BOTUSDT	29.176	−0.1436	get 0.1436% / 8h	7h 01m	$457K	$1.1M	10x
Short	Bitget BOTUSDT	29.230	−0.0008	pay 0.0008% / 8h	7h 01m	$243K	$128K	5x

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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.187%Rate

Funding earned: $299.97
Price spread: +0.187% → +0.319%: −$13.22
Slippage, 4 orders: −$446.01
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$181.26
Costs to cover: 4.680%
Break-even: 11.2 days

Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 23 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, 1 min ago	1.71 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 23 min ago	13.70 bp	91.7 bp −$92	127.9 bp −$1,279	doesn't fit	doesn't fit

BOT on 12 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 BOTUSDT	−0.3664%	8h	29.170	−0.019%	$523K	$571K	25x	as long as short
OKX BOT-USDT-SWAP	−0.2527%	8h	29.170	−0.019%	$232K	$232K	20x	as long as short
KuCoin BOTUSDTM	−0.1840%	8h	29.160	−0.053%	$91K	$486K	20x	as long as short
Binance BOTUSDTlong	−0.1436%	8h	29.176	long leg	$457K	$1.1M	10x
Variational Omni BOT	−0.1327%	8h	29.175	−0.001%	$37K	$20K	—	as long as short
Lighter BOT	−0.0720%	1h	29.235	+0.204%	$67K	$1K	3x	as long as short
QFEX BOT-USD	−0.0076%	1h	29.190	+0.049%	$1.2M	$478K	10x	as long as short
Bitget BOTUSDTshort	−0.0008%	8h	29.230	+0.187%	$243K	$128K	5x
Gate BOT_USDT	0.0000%	8h	29.170	−0.019%	$251K	$227K	20x	as long as short
Arcus BOT-USD	+0.0040%	1h	29.150	−0.088%	$3K	$10K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BOT-USDT	+0.0100%	8h	29.213	+0.128%	$3K	$35K	10x	as long as short
tradeXYZ xyz:BOT	+0.0183%	1h	29.157	−0.064%	$3.0M	$789K	10x	as long as short