Funding you earn now, next payment 04:00 UTC+0.0263%/8h= +28.8% APRnext payment +$1.31 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.154%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$3033.028% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.154%, 7d avg +0.063%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.092% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.063%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.31 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 | Bitget BBUSDT | 0.009070 | 0.0100 | pay 0.0050% / 4h | 58m 22s | $326K | $473K | 50x |
| Short | Bybit BBUSDT | 0.009084 | 0.0363 | get 0.0181% / 4h | 58m 22s | $691K | $792K | 25x |
Bitget BBUSDT
Bybit BBUSDTFunding 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
- $55.2
- Price spread: +0.154% → +0.063%
- $9.16
- Slippage, 4 orders
- −$279.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$238.46
- Costs to cover
- 3.028%
- Break-even
- 37.2 days
Slippage from Bitget: live order book, 57 min ago; Bybit: live order book, 61 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, 57 min ago | 11.01 bp | 41.9 bp −$42 | 316.7 bp −$3,167 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 61 min ago | 5.50 bp | 111.5 bp −$112 | 302.3 bp −$3,023 | doesn't fit | doesn't fit |
BB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009070 | −0.003% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009068 | −0.022% | $3.3M | $6.8M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009100 | +0.331% | $136K | $226K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009069 | −0.011% | $1.4M | $567K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009060 | −0.110% | $447K | $91K | 50x | as long as short |
| Bitget BBUSDTlong | +0.0100% | 4h | 0.009070 | long leg | $326K | $473K | 50x | |
| Bybit BBUSDTshort | +0.0363% | 4h | 0.009084 | +0.154% | $691K | $792K | 25x | |
| BingX BB-USDT | +0.0414% | 4h | 0.009074 | +0.044% | — | $1.3M | — | as long as short |
| Kraken Futures PF_BBUSD | +0.1462% | 1h | 0.009043 | −0.294% | $21K | $3K | 10x | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
BingX BB-USDT
Kraken Futures PF_BBUSD