Funding you earn now, next payment 00:00 UTC+0.0722%/8h= +79.1% APRnext payment +$3.61 per $10,000 · paid last 24h −0.035%
Price spread now: Bybit against Bitget−0.427%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1521.523% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.427%, 7d avg −0.217%
=Funding pays, the price is against you. Bybit is 0.211% cheaper against Bitget than usual: you would sell low and buy high (spread −0.427% now, against its 7-day average of −0.217%). If the spread goes back, that is −$21 on $10k: about 23 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −0.060%, 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 -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.61 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 | Bitget ACUUSDT | 0.1217 | 0.0508 | pay 0.0254% / 4h | 35m 17s | $255K | $230K | 10x |
| Short | Bybit ACUUSDT | 0.1211 | 0.1230 | get 0.0615% / 4h | 35m 17s | $841K | $568K | 13x |
Bitget ACUUSDT
Bybit ACUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $151.67
- Price spread: −0.427% → −0.217%
- −$21.06
- Slippage, 4 orders
- −$129.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.66
- Costs to cover
- 1.523%
- Break-even
- 8.0 days
Slippage from Bitget: live order book, 35 min ago; Bybit: live order book, 40 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 Bitget live order book, 35 min ago | 9.08 bp | 27.8 bp −$28 | 284.8 bp −$2,848 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 3.73 bp | 43.5 bp −$44 | 563.8 bp −$5,638 | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1213 | −0.271% | $221K | $264K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1209 | −0.616% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1208 | −0.732% | $558K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1212 | −0.395% | $2K | $1.1M | 20x | as long as short |
| Bitget ACUUSDTlong | +0.0508% | 4h | 0.1217 | long leg | $255K | $230K | 10x | |
| Aster ACUUSDT | +0.0524% | 4h | 0.1211 | −0.431% | $2K | $4K | 5x | as long as short |
| MEXC ACU_USDT | +0.0768% | 4h | 0.1212 | −0.337% | $13.8M | $344K | 50x | as long as short |
| Binance ACUUSDT | +0.0774% | 4h | 0.1212 | −0.339% | $2.5M | $1.3M | 10x | as long as short |
| BloFin ACU-USDT | +0.0808% | 4h | 0.1212 | −0.370% | $118K | $59K | 10x | as long as short |
| Bybit ACUUSDTshort | +0.1230% | 4h | 0.1211 | −0.427% | $841K | $568K | 13x |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
MEXC ACU_USDT
Binance ACUUSDT
BloFin ACU-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ACU-USDT | +0.1254% | 4h | 0.1212 | −0.362% | — | $1.3M | — | as long as short |
BingX ACU-USDT