Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.001%
Price spread now: Bitget against tradeXYZ−0.200%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.200%, 7d avg +0.035%
=Together, before fees+0.211%+ Points / potential airdroptradeXYZ: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.235% cheaper against tradeXYZ than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:EWT | 114.91 | 0.0050 | pay 0.0006% / 1h | 10m 12s | $715K | $204K | 20x |
| Short | Bitget EWTUSDT | 114.68 | 0 | get 0.0000% / 8h | 2h 10m | $1.3M | $448K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$10.5
- Price spread: −0.200% → +0.035%
- −$23.47
- Slippage, 4 orders
- −$49.17
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.14
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 66 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 tradeXYZ live order book, 66 min ago | 6.54 bp | 20.8 bp −$21 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.48 bp | 20.8 bp −$21 | 73.0 bp −$730 | doesn't fit | doesn't fit |
EWT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EWTUSDT | 0.0000% | 8h | 114.63 | −0.248% | $3K | $76 | 20x | as long as short |
| Binance EWTUSDT | 0.0000% | 8h | 114.77 | −0.118% | $468K | $862K | 20x | as long as short |
| Bybit EWTUSDT | 0.0000% | 8h | 114.76 | −0.131% | $220K | $94K | 25x | as long as short |
| OKX EWT-USDT-SWAP | 0.0000% | 8h | 114.86 | −0.044% | $172K | $166K | 20x | as long as short |
| Gate EWT_USDT | 0.0000% | 8h | 114.80 | −0.096% | $44K | $4K | 25x | as long as short |
| MEXC EWT_USDT | 0.0000% | 8h | 114.73 | −0.157% | $2.4M | $94K | 50x | as long as short |
| Bitget EWTUSDTshort | 0.0000% | 8h | 114.68 | −0.200% | $1.3M | $448K | 20x | |
| Variational Omni EWT | 0.0000% | 8h | 114.76 | −0.126% | $56K | $14K | — | as long as short |
| GRVT EWT_USDT_Perp | 0.0000% | 8h | 114.54 | −0.322% | $3K | $169K | 10x | as long as short |
| SunX EWT-USDT | 0.0000% | 8h | 114.77 | −0.122% | $863 | $331K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWT-USDT | 0.0000% | 8h | 114.60 | −0.270% | $16K | $8K | 10x | as long as short |
| tradeXYZ xyz:EWTlong | +0.0050% | 1h | 114.91 | long leg | $715K | $204K | 20x |
tradeXYZ xyz:EWT
Bitget EWTUSDT
Aster EWTUSDT
Binance EWTUSDT
Bybit EWTUSDT
OKX EWT-USDT-SWAP
Gate EWT_USDT
MEXC EWT_USDT
Variational Omni EWT
GRVT EWT_USDT_Perp
SunX EWT-USDT
HTX EWT-USDT