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

ALCH

all ALCH markets
SwapBacktest
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 0.000%
Price spread now: Bitget against Bybit+0.332%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2402.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.332%, 7d avg +0.050%
Together, before fees+0.072%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.282% dearer against Bybit than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALCHUSDT0.054280.0100pay 0.0050% / 4h2h 32m$3.3M$5.6M20x
ShortBitget ALCHUSDT0.054460.0100get 0.0050% / 4h2h 32m$1.0M$1.5M10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.332% → +0.050%
$28.21
Slippage, 4 orders
−$216.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$211.61
Costs to cover
2.398%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; Bitget: live order book, 4 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 Bybit live order book, just now6.47 bp63.9 bp −$64395.9 bp −$3,959doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago16.87 bp58.6 bp −$59176.8 bp −$1,768doesn't fitdoesn't fit

ALCH on 10 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
BingX ALCH-USDT+0.0070%4h0.05437+0.166%$6.7Mas long as short
Bybit ALCHUSDTlong+0.0100%4h0.05428long leg$3.3M$5.6M20x
Gate ALCH_USDT+0.0100%4h0.05439+0.203%$295K$635K20xas long as short
Bitget ALCHUSDTshort+0.0100%4h0.05446+0.332%$1.0M$1.5M10x
Variational Omni ALCH+0.0100%4h0.05325−1.904%$3K$17Kas long as short
Aster ALCHUSDT+0.1379%4h0.05444+0.295%$13K$84K5xas long as short
MEXC ALCH_USDT+0.1446%4h0.05440+0.221%$5.2M$2.3M100xas long as short
Binance ALCHUSDT+0.1480%4h0.05441+0.239%$6.6M$25.8M10xas long as short
KuCoin ALCHUSDTM+0.1752%4h0.05430+0.037%$1.3M$254K10xas long as short
Kraken Futures PF_ALCHUSD+0.4156%1h0.05436+0.146%$10K$28K10xas long as short