Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against Bybit+0.170%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.170%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.131% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALGOUSDT | 0.1116 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $11.4M | $11.9M | 75x |
| Short | Bitget ALGOUSDT | 0.1118 | 0.0100 | get 0.0100% / 8h | 7h 17m | $5.6M | $3.5M | 75x |
Bybit ALGOUSDT
Bitget ALGOUSDTFunding 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
- $0
- Price spread: +0.170% → +0.039%
- $13.09
- Slippage, 4 orders
- −$49.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.46
- Costs to cover
- 0.726%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 0.89 bp | 13.5 bp −$14 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.46 bp | 22.4 bp −$22 | 46.8 bp −$468 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0568% | 1h | 0.1114 | −0.180% | $828K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0109% | 1h | 0.1112 | −0.340% | $101K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | −0.233% | $87K | $274K | 50x | as long as short |
| Variational Omni ALGO | −0.0099% | 8h | 0.1115 | −0.111% | $61K | $11K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1112 | −0.367% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.349% | $834 | $233K | 12x | as long as short |
| Extended ALGO-USD | +0.0096% | 1h | 0.1117 | +0.094% | $4K | $228K | 10x | as long as short |
| MEXC ALGO_USDT | +0.0096% | 8h | 0.1118 | +0.134% | $23.0M | $3.0M | 200x | as long as short |
| Binance ALGOUSDT | +0.0098% | 8h | 0.1117 | +0.096% | $10.0M | $34.6M | 75x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1118 | +0.197% | $3.7M | $1.8M | 5x | as long as short |
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Extended ALGO-USD
MEXC ALGO_USDT
Binance ALGOUSDT
Hyperliquid ALGOShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ALGOUSDT | +0.0100% | 8h | 0.1114 | −0.233% | $44K | $38K | 5x | as long as short |
| Bybit ALGOUSDTlong | +0.0100% | 8h | 0.1116 | long leg | $11.4M | $11.9M | 75x | |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1116 | +0.009% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1118 | +0.179% | $877K | $823K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1118 | +0.206% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDTshort | +0.0100% | 8h | 0.1118 | +0.170% | $5.6M | $3.5M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1118 | +0.143% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1119 | +0.215% | $63K | $138K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0144% | 8h | 0.1115 | −0.099% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0217% | 8h | 0.1111 | −0.457% | $489K | $762K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0351% | 1h | 0.1112 | −0.359% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1241% | 1h | 0.1111 | −0.483% | $159K | $3K | 5x | as long as short |
Aster ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD