Settings8H · net · $10k
Funding arb · Price arb /

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
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−0.121%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.121%, 7d avg −0.007%
Together, before fees+0.163%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.114% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BIGTIMEUSDT0.0082590.0100pay 0.0050% / 4h43m 20s$556K$197K50x
ShortBybit BIGTIMEUSDT0.0082490.0100get 0.0050% / 4h43m 20s$663K$684K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.121% → −0.007%
−$11.38
Slippage, 4 orders
−$96.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$131.1
Costs to cover
1.197%
Break-even
never at this rate
Slippage from Bitget: live order book, 57 min ago; Bybit: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 57 min ago6.06 bp23.7 bp −$24152.3 bp −$1,523doesn't fitdoesn't fit
Sell Bybit live order book, 52 min ago4.26 bp26.1 bp −$2651.5 bp −$515doesn't fitdoesn't fit

BIGTIME on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid BIGTIME+0.0100%1h0.008260+0.012%$128K$86K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008250−0.103%$1.8M$2.3M50xas long as short
Bybit BIGTIMEUSDTshort+0.0100%4h0.008249−0.121%$663K$684K25x
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008253−0.073%$434K$336K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.0082590.000%$61K$29K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008249−0.121%$451K$173K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008255−0.048%$232K$28K20xas long as short
Bitget BIGTIMEUSDTlong+0.0100%4h0.008259long leg$556K$197K50x
BingX BIGTIME-USDT+0.0100%4h0.008253−0.073%$2.3Mas long as short
Variational Omni BIGTIME+0.0100%4h0.008260+0.017%$10K$555as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BIGTIME-USDT+0.0157%4h0.0082590.000%$91K$11K50xas long as short
Kraken Futures PF_BIGTIMEUSD+4.0071%1h0.008228−0.378%$8K$8K10xas long as short