Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.073%
Price spread now: Bitget against Bybit−0.007%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5365.359% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now −0.007%, 7d avg −0.046%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.039% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APRUSDT | 0.1483 | 0.0175 | pay 0.0088% / 4h | 2h 42m | $1.4M | $631K | 20x |
| Short | Bitget APRUSDT | 0.1483 | 0.0188 | get 0.0094% / 4h | 2h 42m | $4.0M | $994K | 50x |
Bybit APRUSDT
Bitget APRUSDTFunding 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
- $2.64
- Price spread: −0.007% → −0.046%
- $3.89
- Slippage, 4 orders
- −$512.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$529.36
- Costs to cover
- 5.359%
- Break-even
- 1409.7 days
Slippage from Bybit: live order book, 3 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, 3 min ago | 10.14 bp | 240.5 bp −$240 | 7994.1 bp −$79.9K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 10.11 bp | 40.5 bp −$41 | 339.6 bp −$3,396 | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0076% | 4h | 0.1483 | −0.020% | $288K | $110K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1486 | +0.153% | $6.8M | $5.1M | 50x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1483 | −0.020% | $372K | $174K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1484 | +0.054% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1487 | +0.249% | $19K | $44K | 20x | as long as short |
| Bybit APRUSDTlong | +0.0175% | 4h | 0.1483 | long leg | $1.4M | $631K | 20x | |
| Bitget APRUSDTshort | +0.0188% | 4h | 0.1483 | −0.007% | $4.0M | $994K | 50x | |
| BingX APR-USDT | +0.0422% | 4h | 0.1485 | +0.115% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0444% | 4h | 0.1485 | +0.115% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0793% | 4h | 0.1481 | −0.136% | $72K | $80K | 5x | as long as short |
BloFin APR-USDT
Binance APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.0852% | 4h | 0.1482 | −0.094% | $2.4M | $344K | 50x | as long as short |
| Gate APR_USDT | +0.0978% | 4h | 0.1480 | −0.196% | $700K | $204K | 25x | as long as short |
KuCoin APRUSDTM
Gate APR_USDT