Funding you earn now, next payment 00:00 UTC+0.0279%/8h= +30.5% APRnext payment +$1.39 per $10,000 · paid last 24h +0.095%
Price spread now: Bitget against Bybit−0.081%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1471.467% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.081%, 7d avg −0.039%
=Funding pays, the price is against you. Bitget is 0.043% cheaper against Bybit than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.039%). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.048% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 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 | Bybit B2USDT | 0.4916 | 0.1265 | pay 0.0633% / 4h | 1h 56m | $1.5M | $2.8M | 20x |
| Short | Bitget B2USDT | 0.4912 | 0.1544 | get 0.0772% / 4h | 1h 56m | $2.7M | $1.4M | 50x |
Bybit B2USDT
Bitget B2USDTFunding 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
- $58.54
- Price spread: −0.081% → −0.039%
- −$4.27
- Slippage, 4 orders
- −$123.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.47
- Costs to cover
- 1.467%
- Break-even
- 18.1 days
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago | 5.10 bp | 47.0 bp −$47 | 380.9 bp −$3,809 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 7.14 bp | 29.2 bp −$29 | 149.4 bp −$1,494 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0902% | 4h | 0.4917 | +0.020% | $556K | $537K | 100x | as long as short |
| Binance B2USDT | +0.0906% | 4h | 0.4916 | +0.005% | $7.9M | $13.1M | 50x | as long as short |
| Aster B2USDT | +0.1026% | 4h | 0.4917 | +0.017% | $154K | $187K | 5x | as long as short |
| Bybit B2USDTlong | +0.1265% | 4h | 0.4916 | long leg | $1.5M | $2.8M | 20x | |
| BingX B2-USDT | +0.1444% | 4h | 0.4919 | +0.061% | — | $1.4M | — | as long as short |
| Bitget B2USDTshort | +0.1544% | 4h | 0.4912 | −0.081% | $2.7M | $1.4M | 50x | |
| Variational Omni B2 | +0.1826% | 4h | 0.4907 | −0.176% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.2032% | 4h | 0.4917 | +0.020% | $1.0M | $316K | 50x | as long as short |
| Gate B2_USDT | +0.2742% | 4h | 0.4931 | +0.305% | $864K | $440K | 20x | as long as short |
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
BingX B2-USDT
Variational Omni B2
KuCoin B2USDTM
Gate B2_USDT