Funding you earn now, next payment 00:00 UTC+0.0776%/8h= +84.9% APRnext payment +$3.88 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget0.000%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2202.200% of the position
Funding, last 7 days−0.414%−$41 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg +0.061%
=Funding pays, the price is against you. Bybit is 0.061% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.061%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.414%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.414% in total (about -21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 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 CUSDT | 0.08200 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $438K | $1.0M | 20x |
| Short | Bybit CUSDT | 0.08200 | 0.0876 | get 0.0438% / 4h | 1h 57m | $1.2M | $2.0M | 13x |
Bitget CUSDT
Bybit CUSDTFunding 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
- $162.9
- Price spread: 0.000% → +0.061%
- −$6.13
- Slippage, 4 orders
- −$197.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.24
- Costs to cover
- 2.200%
- Break-even
- 9.7 days
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 4.86 bp | 43.0 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.85 bp | 96.5 bp −$97 | 425.7 bp −$4,257 | doesn't fit | doesn't fit |
C 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 CUSDT | +0.0100% | 4h | 0.08237 | +0.452% | $39K | $100K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08201 | +0.012% | $6.7M | $13.9M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.08207 | +0.085% | $230K | $206K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08230 | +0.366% | $594K | $127K | 25x | as long as short |
| Bitget CUSDTlong | +0.0100% | 4h | 0.08200 | long leg | $438K | $1.0M | 20x | |
| Variational Omni C | +0.0100% | 4h | 0.08245 | +0.545% | $331 | $13K | — | as long as short |
| Gate C_USDT | +0.0196% | 4h | 0.08213 | +0.159% | $335K | $708K | 20x | as long as short |
| Bybit CUSDTshort | +0.0876% | 4h | 0.08200 | 0.000% | $1.2M | $2.0M | 13x | |
| BingX C-USDT | +0.0880% | 4h | 0.08203 | +0.037% | — | $2.4M | — | as long as short |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Variational Omni C
Gate C_USDT
BingX C-USDT