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

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.120%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1441.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.120%, 7d avg +0.004%
Together, before fees−0.225%−$22 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: Bitget is 0.116% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BIGTIMEUSDT0.0083170.0100pay 0.0050% / 4h1h 19m$681K$624K25x
ShortBitget BIGTIMEUSDT0.0083270.0100get 0.0050% / 4h1h 19m$597K$230K50x

Funding 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 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: +0.120% → +0.004%
$11.59
Slippage, 4 orders
−$121.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$132.55
Costs to cover
1.441%
Break-even
never at this rate
Slippage from Bybit: live order book, 36 min ago; Bitget: live order book, 40 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 Bybit live order book, 36 min ago3.63 bp32.1 bp −$3258.7 bp −$587doesn't fitdoesn't fit
Sell Bitget live order book, 40 min ago3.02 bp41.5 bp −$41108.7 bp −$1,087doesn'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
Kraken Futures PF_BIGTIMEUSD−0.0218%1h0.008368+0.617%$8K$5K10xas long as short
BloFin BIGTIME-USDT+0.0072%4h0.008327+0.120%$94K$10K50xas long as short
Hyperliquid BIGTIME+0.0100%1h0.008321+0.048%$127K$96K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008321+0.054%$1.8M$2.3M50xas long as short
Bybit BIGTIMEUSDTlong+0.0100%4h0.008317long leg$681K$624K25x
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008320+0.036%$439K$386K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008316−0.012%$60K$32K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008318+0.012%$479K$183K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008316−0.012%$246K$27K20xas long as short
Bitget BIGTIMEUSDTshort+0.0100%4h0.008327+0.120%$597K$230K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BIGTIME-USDT+0.0100%4h0.0083170.000%$2.3Mas long as short
Variational Omni BIGTIME+0.0100%4h0.008328+0.132%$10K$1Kas long as short