Funding you earn now, next payment 04:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against Bybit−0.057%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.057%, 7d avg +0.008%
=Funding pays, the price is against you. Bitget is 0.065% cheaper against Bybit than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.008%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.088% in total) that is about 5.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.73 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 BANKUSDT | 0.03535 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $2.9M | $6.5M | 20x |
| Short | Bitget BANKUSDT | 0.03533 | 0.0446 | get 0.0223% / 4h | 1h 41m | $2.9M | $3.5M | 25x |
Bybit BANKUSDT
Bitget BANKUSDTFunding 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
- $72.66
- Price spread: −0.057% → +0.008%
- −$6.49
- Slippage, 4 orders
- −$86.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$43.79
- Costs to cover
- 1.100%
- Break-even
- 11.2 days
Slippage from Bybit: live order book, 1 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, 1 min ago | 1.41 bp | 35.4 bp −$35 | 320.1 bp −$3,201 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.82 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03538 | +0.095% | $56K | $125K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03525 | −0.277% | $7.9M | $31.5M | 50x | as long as short |
| Bybit BANKUSDTlong | +0.0100% | 4h | 0.03535 | long leg | $2.9M | $6.5M | 20x | |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03532 | −0.085% | $2.5M | $572K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03538 | +0.085% | $1.2M | $173K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03519 | −0.453% | $41K | $250K | 20x | as long as short |
| edgeX BANKUSDC | +0.0111% | 4h | 0.03525 | −0.287% | $1K | $244K | 5x | as long as short |
| Gate BANK_USDT | +0.0112% | 4h | 0.03533 | −0.057% | $725K | $1.4M | 10x | as long as short |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03524 | −0.311% | $455K | $72K | 50x | as long as short |
| BingX BANK-USDT | +0.0418% | 4h | 0.03533 | −0.057% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Binance BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Gate BANK_USDT
BloFin BANK-USDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDTshort | +0.0446% | 4h | 0.03533 | −0.057% | $2.9M | $3.5M | 25x |