Settings8H · net · $10k
Funding arb · Price arb /

COST

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COSTUSDT898.640.0140pay 0.0140% / 8h1h 49m$1.1M$970K20x
ShortBitget COSTUSDT898.580get 0.0000% / 8h1h 49m$398K$125K25x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.06 bp18.8 bp −$1996.7 bp −$967doesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago9.45 bp19.2 bp −$1937.4 bp −$374doesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.25−0.044%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.00+0.040%$470K$193K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.68+0.116%$432K$137K10xas long as short
Gate COST_USDT0.0000%8h898.95+0.034%$523K$26K25xas long as short
Bitget COSTUSDTshort0.0000%8h898.58−0.007%$398K$125K25x
Variational Omni COST0.0000%8h898.63−0.001%$42K$19Kas long as short
SunX COST-USDT0.0000%8h898.40−0.027%$2K$3.3M10xas long as short
HTX COST-USDT0.0000%8h900.47+0.204%$10K$42K10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.741%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.30−0.037%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.35−0.032%25xas long as short
QFEX COST-USD+0.0048%1h898.65+0.001%$1.1M$2.9M10xas long as short
tradeXYZ xyz:COST+0.0050%1h898.55−0.010%$1.8M$536K20xas long as short
KuCoin COSTUSDTM+0.0100%8h899.10+0.051%$41K$835K20xas long as short
Binance COSTUSDTlong+0.0140%8h898.64long leg$1.1M$970K20x