Funding you earn now, next payment 08:00 UTC−0.1484%/8h= −162.5% APRnext payment −$7.42 per $10,000 · paid last 24h −0.085%
Price spread now: Bitget against Bybit−0.076%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2262.264% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.076%, 7d avg −0.061%
=The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$45 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.273%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.273% in total (about 14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.42 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 | Bybit CUSDT | 0.07919 | 0.1584 | pay 0.0792% / 4h | 1h 08m | $1.1M | $1.6M | 13x |
| Short | Bitget CUSDT | 0.07913 | 0.0100 | get 0.0050% / 4h | 1h 08m | $445K | $939K | 20x |
Bybit CUSDT
Bitget CUSDTFunding 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
- −$311.64
- Price spread: −0.076% → −0.061%
- −$1.47
- Slippage, 4 orders
- −$203.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$539.46
- Costs to cover
- 2.264%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 27 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 | 3.15 bp | 79.2 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 27 min ago | 4.44 bp | 31.2 bp −$31 | doesn't fit | 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 | 0.07932 | +0.164% | $31K | $95K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.07922 | +0.038% | $6.5M | $10.7M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.07920 | +0.013% | $221K | $197K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07902 | −0.215% | $636K | $119K | 25x | as long as short |
| Bitget CUSDTshort | +0.0100% | 4h | 0.07913 | −0.076% | $445K | $939K | 20x | |
| Variational Omni C | +0.0428% | 4h | 0.07935 | +0.202% | $610 | $1K | — | as long as short |
| Gate C_USDT | +0.0574% | 4h | 0.07945 | +0.328% | $330K | $366K | 20x | as long as short |
| BingX C-USDT | +0.1480% | 4h | 0.07916 | −0.038% | — | $2.4M | — | as long as short |
| Bybit CUSDTlong | +0.1584% | 4h | 0.07919 | long leg | $1.1M | $1.6M | 13x |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Variational Omni C
Gate C_USDT
BingX C-USDT