Settings8H · net · $10k
Funding arb · Price arb /

BAN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against Bybit+0.074%7-day average +0.260% · you sell dearer than you buy
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$2892.891% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.268%+$27 on $10k
Price spread, last 7 days+0.274%+$27 · spread now +0.074%, 7d avg +0.260%
Together, before fees+0.542%+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.187% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.260%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.268%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANUSDT0.067790.0320pay 0.0160% / 4h1h 55m$2.9M$289K13x
ShortBitget BANUSDT0.067840.0296get 0.0148% / 4h1h 55m$1.1M$47K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$4.98
Price spread: +0.074% → +0.260%
−$18.67
Slippage, 4 orders
−$266.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$312.73
Costs to cover
2.891%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.69 bp99.9 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.89 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit

BAN on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BANUSDT+0.0100%4h0.06796+0.248%$12K$3885xas long as short
Gate BAN_USDT+0.0100%8h0.06782+0.044%$1.2M$43K20xas long as short
KuCoin BANUSDTM+0.0100%4h0.06781+0.030%$313K$18K20xas long as short
Variational Omni BAN+0.0100%4h0.06782+0.051%$16as long as short
Bitget BANUSDTshort+0.0296%4h0.06784+0.074%$1.1M$47K25x
Bybit BANUSDTlong+0.0320%4h0.06779long leg$2.9M$289K13x
MEXC BAN_USDT+0.0932%4h0.06791+0.177%$8.1M$144K100xas long as short
Binance BANUSDT+0.0934%4h0.06791+0.176%$6.6M$720K25xas long as short