Funding you earn now, next payment 00:00 UTC−0.1070%/8h= −117.1% APRnext payment −$5.35 per $10,000 · paid last 24h +0.035%
Price spread now: Bitget against Bybit+0.331%7-day average +0.218% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$2032.033% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.331%, 7d avg +0.218%
=The price spread pays, funding is against you. Bitget is 0.113% dearer against Bybit than usual: you sell high and buy low (spread +0.331% now, against its 7-day average of +0.218%): +$11 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
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 −$5.35 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 | Bybit ACUUSDT | 0.1209 | 0.1440 | pay 0.0720% / 4h | 1h 50m | $834K | $570K | 13x |
| Short | Bitget ACUUSDT | 0.1213 | 0.0370 | get 0.0185% / 4h | 1h 50m | $254K | $236K | 10x |
Bybit ACUUSDT
Bitget ACUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$224.66
- Price spread: +0.331% → +0.218%
- $11.27
- Slippage, 4 orders
- −$180.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$416.74
- Costs to cover
- 2.033%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 29 min ago; Bitget: live order book, 24 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 Bybit live order book, 29 min ago | 5.39 bp | 68.3 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 24 min ago | 7.84 bp | 50.3 bp −$50 | 345.7 bp −$3,457 | 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 | 0.1209 | −0.025% | $221K | $277K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1208 | −0.066% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1205 | −0.372% | $557K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1208 | −0.116% | $2K | $1.1M | 20x | as long as short |
| Aster ACUUSDT | +0.0138% | 4h | 0.1208 | −0.093% | $2K | $5K | 5x | as long as short |
| BloFin ACU-USDT | +0.0311% | 4h | 0.1209 | +0.033% | $119K | $59K | 10x | as long as short |
| MEXC ACU_USDT | +0.0340% | 4h | 0.1209 | +0.017% | $13.8M | $343K | 50x | as long as short |
| Binance ACUUSDT | +0.0353% | 4h | 0.1209 | +0.023% | $2.5M | $1.3M | 10x | as long as short |
| Bitget ACUUSDTshort | +0.0370% | 4h | 0.1213 | +0.331% | $254K | $236K | 10x | |
| BingX ACU-USDT | +0.1114% | 4h | 0.1209 | +0.025% | — | $1.3M | — | as long as short |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BloFin ACU-USDT
MEXC ACU_USDT
Binance ACUUSDT
BingX ACU-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDTlong | +0.1440% | 4h | 0.1209 | long leg | $834K | $570K | 13x |