Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.3% APRnext payment −$1.40 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.007%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 2 days (all we have)−0.001%$0 · spread now −0.007%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COSTUSDT | 898.64 | 0.0140 | pay 0.0140% / 8h | 1h 49m | $1.1M | $970K | 20x |
| Short | Bitget COSTUSDT | 898.58 | 0 | get 0.0000% / 8h | 1h 49m | $398K | $125K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.34
- Price spread: −0.007% → −0.009%
- $0.26
- Slippage, 4 orders
- −$49.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$100.21
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 26 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, 13 min ago | 0.06 bp | 18.8 bp −$19 | 96.7 bp −$967 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 9.45 bp | 19.2 bp −$19 | 37.4 bp −$374 | doesn't fit | doesn't fit |
COST on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 898.25 | −0.044% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 899.00 | +0.040% | $470K | $193K | 25x | as long as short |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 899.68 | +0.116% | $432K | $137K | 10x | as long as short |
| Gate COST_USDT | 0.0000% | 8h | 898.95 | +0.034% | $523K | $26K | 25x | as long as short |
| Bitget COSTUSDTshort | 0.0000% | 8h | 898.58 | −0.007% | $398K | $125K | 25x | |
| Variational Omni COST | 0.0000% | 8h | 898.63 | −0.001% | $42K | $19K | — | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.40 | −0.027% | $2K | $3.3M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.47 | +0.204% | $10K | $42K | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.741% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.30 | −0.037% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COST-USD-PERP | +0.0046% | 1h | 898.35 | −0.032% | — | — | 25x | as long as short |
| QFEX COST-USD | +0.0048% | 1h | 898.65 | +0.001% | $1.1M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 898.55 | −0.010% | $1.8M | $536K | 20x | as long as short |
| KuCoin COSTUSDTM | +0.0100% | 8h | 899.10 | +0.051% | $41K | $835K | 20x | as long as short |
| Binance COSTUSDTlong | +0.0140% | 8h | 898.64 | long leg | $1.1M | $970K | 20x |
Binance COSTUSDT
Bitget COSTUSDT
Aster COSTUSDT
Bybit COSTUSDT
OKX COST-USDT-SWAP
Gate COST_USDT
Variational Omni COST
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
KuCoin COSTUSDTM