Funding you earn now, next payment 08:00 UTC−0.0138%/8h= −15.1% APRnext payment −$1.38 per $10,000 · paid last 24h −0.023%
Price spread now: Bybit against Bitget−0.032%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.032%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.026% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2215 | 0.0100 | pay 0.0100% / 8h | 6h 11m | $21.2M | $36.4M | 50x |
| Short | Bybit ARBUSDT | 0.2214 | −0.0038 | pay 0.0038% / 8h | 6h 11m | $56.6M | $128.5M | 50x |
Bitget ARBUSDT
Bybit ARBUSDTFunding 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
- −$29.03
- Price spread: −0.032% → −0.006%
- −$2.56
- Slippage, 4 orders
- −$23.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$78
- Costs to cover
- 0.464%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 2.26 bp | 14.3 bp −$14 | 24.4 bp −$244 | 114.2 bp −$11.4K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.23 bp | 9.1 bp −$9 | 21.3 bp −$213 | 48.7 bp −$4,867 | doesn't fit |
ARB on 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1692% | 1h | 0.2202 | −0.587% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0257% | 1h | 0.2217 | +0.068% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2215 | +0.014% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0159% | 8h | 0.2212 | −0.152% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0126% | 8h | 0.2214 | −0.041% | $22.4M | $156.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0126% | 8h | 0.2215 | −0.014% | $39.1M | $60.2M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0111% | 1h | 0.2217 | +0.072% | $24K | $34K | 25x | as long as short |
| Gate ARB_USDT | −0.0079% | 8h | 0.2215 | +0.018% | $5.4M | $19.9M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0068% | 8h | 0.2215 | 0.000% | $12K | $384K | 10x | as long as short |
| Bybit ARBUSDTshort | −0.0038% | 8h | 0.2214 | −0.032% | $56.6M | $128.5M | 50x |
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Orderly PERP_ARB_USDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0003% | 8h | 0.2214 | −0.041% | $64.5M | $316.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2217 | +0.072% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2214 | −0.055% | $352K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2215 | −0.013% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0064% | 1h | 0.2213 | −0.090% | $119K | $286K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | +0.023% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2215 | +0.014% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2217 | +0.086% | $38.6M | $51.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2215 | +0.010% | $660K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2215 | +0.008% | $42K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.027% | $19.6M | $15.7M | 75x | as long as short |
| Bitget ARBUSDTlong | +0.0100% | 8h | 0.2215 | long leg | $21.2M | $36.4M | 50x | |
| BingX ARB-USDC | +0.0100% | 8h | 0.2213 | −0.068% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | −0.030% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.091% | $481K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2216 | +0.045% | $87K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2218 | +0.135% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2218 | +0.117% | $298K | $996K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2216 | +0.045% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2222 | +0.316% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2215 | −0.020% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2215 | +0.003% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2218 | +0.124% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2217 | +0.085% | $481K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0531% | 1h | 0.2219 | +0.190% | $1.0M | $2.9M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP