Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Bitget against Bybit−0.009%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1391.388% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.009%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.023% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BICOUSDT | 0.02224 | 0.0101 | pay 0.0101% / 8h | 2h 40m | $2.3M | $3.8M | 20x |
| Short | Bitget BICOUSDT | 0.02224 | 0.0100 | get 0.0100% / 8h | 2h 40m | $653K | $537K | 10x |
Bybit BICOUSDT
Bitget BICOUSDTFunding 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
- −$0.11
- Price spread: −0.009% → −0.032%
- $2.32
- Slippage, 4 orders
- −$115.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$136.58
- Costs to cover
- 1.388%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 5 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 | 2.91 bp | 36.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.47 bp | 21.0 bp −$21 | 97.5 bp −$975 | 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 | 0.02226 | +0.069% | $92K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02224 | −0.009% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02224 | −0.009% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02230 | +0.261% | $368K | $334K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02224 | −0.009% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDTshort | +0.0100% | 8h | 0.02224 | −0.009% | $653K | $537K | 10x | |
| Bybit BICOUSDTlong | +0.0101% | 8h | 0.02224 | long leg | $2.3M | $3.8M | 20x | |
| BingX BICO-USDT | +0.0101% | 8h | 0.02223 | −0.054% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0130% | 8h | 0.02231 | +0.309% | $13K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0158% | 8h | 0.02227 | +0.126% | $984K | $1.4M | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
BingX BICO-USDT
Variational Omni BICO
KuCoin BICOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3168% | 1h | 0.02233 | +0.396% | $36K | $65K | 20x | as long as short |
Kraken Futures PF_BICOUSD