Funding you earn now, next payment 12:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h +0.051%
Price spread now: Bitget against Bybit+0.028%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5095.087% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.028%, 7d avg +0.127%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.099% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BUSDT | 0.2124 | 0.0514 | pay 0.0257% / 4h | 3h 05m | $1.8M | $1.1M | 13x |
| Short | Bitget BUSDT | 0.2125 | 0.0454 | get 0.0227% / 4h | 3h 05m | $2.9M | $501K | 10x |
Bybit BUSDT
Bitget BUSDTFunding 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
- −$12.57
- Price spread: +0.028% → +0.127%
- −$9.88
- Slippage, 4 orders
- −$485.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$531.19
- Costs to cover
- 5.087%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago | 5.18 bp | 215.4 bp −$215 | 3228.4 bp −$32.3K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.01 bp | 65.4 bp −$65 | 716.7 bp −$7,167 | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2124 | −0.019% | $3.6M | $694K | 20x | as long as short |
| Bitget BUSDTshort | +0.0454% | 4h | 0.2125 | +0.028% | $2.9M | $501K | 10x | |
| Extended B-USD | +0.0480% | 1h | 0.2122 | −0.093% | $16K | $300K | 5x | as long as short |
| Binance BUSDT | +0.0481% | 4h | 0.2123 | −0.066% | $12.4M | $2.5M | 20x | as long as short |
| edgeX BUSDC | +0.0485% | 4h | 0.2135 | +0.498% | $3K | $388K | 5x | as long as short |
| MEXC B_USDT | +0.0486% | 4h | 0.2123 | −0.066% | $1.4M | $519K | 100x | as long as short |
| Bybit BUSDTlong | +0.0514% | 4h | 0.2124 | long leg | $1.8M | $1.1M | 13x | |
| BloFin B-USDT | +0.0526% | 4h | 0.2125 | +0.028% | $638K | $44K | 20x | as long as short |
| KuCoin BUSDTM | +0.0572% | 4h | 0.2129 | +0.193% | $2.0M | $93K | 10x | as long as short |
| BingX B-USDT | +0.0590% | 4h | 0.2132 | +0.358% | — | $1.3M | — | as long as short |
Gate B_USDT
Extended B-USD
Binance BUSDT
edgeX BUSDC
MEXC B_USDT
BloFin B-USDT
KuCoin BUSDTM
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1296% | 4h | 0.2127 | +0.129% | $2.0M | $220K | 5x | as long as short |
Aster BUSDT