2Z

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Bybit against Bitget+0.076%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$910.910% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.606%−$61 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.076%, 7d avg +0.065%

Together, before fees−0.662%−$66 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget 2ZUSDT	0.05238	0.0100	pay 0.0050% / 4h	1h 20m	$157K	$632K	50x
Short	Bybit 2ZUSDT	0.05242	0.0100	get 0.0050% / 4h	1h 20m	$690K	$954K	50x

Funding history

latest

Range statsloading…

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.076%Rate

Slippage from Bitget: live order book, 40 min ago; Bybit: live order book, 25 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 40 min ago	9.65 bp	25.5 bp −$26	119.0 bp −$1,190	doesn't fit	doesn't fit
Sell Bybit live order book, 25 min ago	3.86 bp	19.4 bp −$19	386.4 bp −$3,864	doesn't fit	doesn't fit

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
Backpack 2Z_USDC_PERP	−0.0402%	1h	0.05234	−0.076%	$46K	$29K	5x	as long as short
Injective 2Z/USDC PERP	+0.0033%	1h	0.04980	−4.926%	$867	$213	5.5x	as long as short
Lighter 2Z	+0.0096%	1h	0.05249	+0.210%	$17K	$8K	3x	as long as short
Hyperliquid 2Z	+0.0100%	1h	0.05239	+0.019%	$668K	$368K	3x	as long as short
Aster 2ZUSDT	+0.0100%	4h	0.05241	+0.048%	$12K	$57K	5x	as long as short
Pacifica 2Z	+0.0100%	1h	0.05240	+0.038%	$75K	$14K	3x	as long as short
Binance 2ZUSDT	+0.0100%	4h	0.05236	−0.038%	$2.1M	$2.2M	50x	as long as short
Bybit 2ZUSDTshort	+0.0100%	4h	0.05242	+0.076%	$690K	$954K	50x
OKX 2Z-USDT-SWAP	+0.0100%	4h	0.05241	+0.057%	$453K	$709K	20x	as long as short
Gate 2Z_USDT	+0.0100%	4h	0.05236	−0.038%	$91K	$68K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC 2Z_USDT	+0.0100%	4h	0.05242	+0.076%	$297K	$125K	50x	as long as short
KuCoin 2ZUSDTM	+0.0100%	4h	0.05237	−0.027%	$193K	$52K	50x	as long as short
Bitget 2ZUSDTlong	+0.0100%	4h	0.05238	long leg	$157K	$632K	50x
BingX 2Z-USDT	+0.0100%	4h	0.05241	+0.057%	—	$6.5M	—	as long as short
Variational Omni 2Z	+0.0100%	4h	0.05241	+0.048%	$33K	$29K	—	as long as short
SunX 2Z-USDT	+0.0100%	4h	0.05242	+0.076%	$2K	$1.2M	20x	as long as short
Kraken Futures PF_2ZUSD	+0.2478%	1h	0.05241	+0.064%	$6K	$3K	10x	as long as short