Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.024%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1681.682% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.024%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BATUSDT | 0.08375 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $671K | $183K | 50x |
| Short | Bybit BATUSDT | 0.08377 | 0.0100 | get 0.0100% / 8h | 6h 18m | $1.1M | $466K | 25x |
Bitget BATUSDT
Bybit BATUSDTFunding 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
- $0
- Price spread: +0.024% → +0.053%
- −$2.95
- Slippage, 4 orders
- −$145.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$171.16
- Costs to cover
- 1.682%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; Bybit: live order book, 2 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, 46 min ago | 4.76 bp | 30.9 bp −$31 | 134.1 bp −$1,341 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.19 bp | 46.7 bp −$47 | 364.2 bp −$3,642 | doesn't fit | doesn't fit |
BAT on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSD | −0.0154% | 1h | 0.08376 | +0.012% | $115K | $16K | 10x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08378 | +0.040% | $1.9M | $2.0M | 50x | as long as short |
| Bybit BATUSDTshort | +0.0100% | 8h | 0.08377 | +0.024% | $1.1M | $466K | 25x | |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08372 | −0.036% | $530K | $438K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08380 | +0.060% | $82K | $45K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08375 | 0.000% | $820K | $629K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08390 | +0.179% | $264K | $59K | 20x | as long as short |
| Bitget BATUSDTlong | +0.0100% | 8h | 0.08375 | long leg | $671K | $183K | 50x | |
| BingX BAT-USDT | +0.0100% | 8h | 0.08381 | +0.072% | — | $1.3M | — | as long as short |
| Variational Omni BAT | +0.0100% | 8h | 0.08400 | +0.298% | $114K | $78 | — | as long as short |
Kraken Futures PF_BATUSD
Binance BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
BingX BAT-USDT
Variational Omni BAT