Funding you earn now, next payment 04:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.110%
Price spread now: Bybit against Bitget+0.019%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1711.708% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.019%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.022% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget B2USDT | 0.5137 | 0.0322 | pay 0.0161% / 4h | 57m 19s | $2.8M | $1.0M | 50x |
| Short | Bybit B2USDT | 0.5138 | 0.0100 | get 0.0050% / 4h | 57m 19s | $1.6M | $2.0M | 20x |
Bitget B2USDT
Bybit B2USDTFunding 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
- −$46.62
- Price spread: +0.019% → +0.042%
- −$2.21
- Slippage, 4 orders
- −$147.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$219.68
- Costs to cover
- 1.708%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 4 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, 5 min ago | 10.68 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.85 bp | 43.5 bp −$44 | 352.9 bp −$3,529 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDTshort | +0.0100% | 4h | 0.5138 | +0.019% | $1.6M | $2.0M | 20x | |
| Bitget B2USDTlong | +0.0322% | 4h | 0.5137 | long leg | $2.8M | $1.0M | 50x | |
| Variational Omni B2 | +0.0490% | 4h | 0.5127 | −0.196% | $14K | $2K | — | as long as short |
| Binance B2USDT | +0.0527% | 4h | 0.5136 | −0.019% | $8.3M | $10.1M | 50x | as long as short |
| MEXC B2_USDT | +0.0536% | 4h | 0.5141 | +0.078% | $578K | $383K | 100x | as long as short |
| BingX B2-USDT | +0.0536% | 4h | 0.5140 | +0.058% | — | $1.3M | — | as long as short |
| Aster B2USDT | +0.0887% | 4h | 0.5136 | −0.013% | $162K | $171K | 5x | as long as short |
| KuCoin B2USDTM | +0.0966% | 4h | 0.5140 | +0.058% | $1.0M | $303K | 50x | as long as short |
| Gate B2_USDT | +0.2218% | 4h | 0.5141 | +0.078% | $910K | $346K | 20x | as long as short |
Variational Omni B2
Binance B2USDT
MEXC B2_USDT
BingX B2-USDT
Aster B2USDT
KuCoin B2USDTM
Gate B2_USDT