Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.071%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1791.788% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.071%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BICOUSDT | 0.02256 | 0.0100 | pay 0.0100% / 8h | 1h 15m | $652K | $458K | 10x |
| Short | Bybit BICOUSDT | 0.02258 | 0.0101 | get 0.0101% / 8h | 1h 15m | $2.4M | $3.7M | 20x |
Bitget BICOUSDT
Bybit BICOUSDTFunding 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
- $0.11
- Price spread: +0.071% → +0.030%
- $4.09
- Slippage, 4 orders
- −$155.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$174.55
- Costs to cover
- 1.788%
- Break-even
- 10985.0 days
Slippage from Bitget: live order book, 65 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, 65 min ago | 6.65 bp | 37.0 bp −$37 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.88 bp | 76.6 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 BICOUSDT | +0.0100% | 8h | 0.02257 | +0.062% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02254 | −0.087% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02254 | −0.089% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02254 | −0.089% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02255 | −0.044% | $997K | $1.2M | 20x | as long as short |
| Bitget BICOUSDTlong | +0.0100% | 8h | 0.02256 | long leg | $652K | $458K | 10x | |
| Variational Omni BICO | +0.0100% | 8h | 0.02259 | +0.123% | $16K | $5K | — | as long as short |
| Bybit BICOUSDTshort | +0.0101% | 8h | 0.02258 | +0.071% | $2.4M | $3.7M | 20x | |
| BingX BICO-USDT | +0.0101% | 8h | 0.02256 | 0.000% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0302% | 8h | 0.02256 | 0.000% | $404K | $311K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Variational Omni BICO
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2623% | 1h | 0.02259 | +0.119% | $40K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD