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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANUSDT | 0.06779 | 0.0320 | pay 0.0160% / 4h | 1h 55m | $2.9M | $289K | 13x |
| Short | Bitget BANUSDT | 0.06784 | 0.0296 | get 0.0148% / 4h | 1h 55m | $1.1M | $47K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 3.69 bp | 99.9 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.89 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06796 | +0.248% | $12K | $388 | 5x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06782 | +0.044% | $1.2M | $43K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06781 | +0.030% | $313K | $18K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06782 | +0.051% | $16 | — | — | as long as short |
| Bitget BANUSDTshort | +0.0296% | 4h | 0.06784 | +0.074% | $1.1M | $47K | 25x | |
| Bybit BANUSDTlong | +0.0320% | 4h | 0.06779 | long leg | $2.9M | $289K | 13x | |
| MEXC BAN_USDT | +0.0932% | 4h | 0.06791 | +0.177% | $8.1M | $144K | 100x | as long as short |
| Binance BANUSDT | +0.0934% | 4h | 0.06791 | +0.176% | $6.6M | $720K | 25x | as long as short |
Bybit BANUSDT
Bitget BANUSDT
Aster BANUSDT
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
MEXC BAN_USDT
Binance BANUSDT