Funding you earn now, next payment 04:00 UTC+0.0257%/8h= +28.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Bybit+0.059%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.059%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.28 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 CCUSDT | 0.1185 | −0.0157 | get 0.0078% / 4h | 2h 11m | $10.8M | $3.9M | 25x |
| Short | Bitget CCUSDT | 0.1186 | 0.0100 | get 0.0050% / 4h | 2h 11m | $936K | $805K | 20x |
Bybit CCUSDT
Bitget CCUSDTFunding 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
- $53.96
- Price spread: +0.059% → +0.038%
- $2.13
- Slippage, 4 orders
- −$118.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.5
- Costs to cover
- 1.416%
- Break-even
- 18.1 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 54 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 | 2.11 bp | 37.2 bp −$37 | 426.3 bp −$4,263 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 2.51 bp | 36.9 bp −$37 | 97.4 bp −$974 | doesn't fit | doesn't fit |
CC on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3556% | 1h | 0.1161 | −2.025% | $6K | $99 | 5.5x | as long as short |
| Bybit CCUSDTlong | −0.0157% | 4h | 0.1185 | long leg | $10.8M | $3.9M | 25x | |
| MEXC CC_USDT | −0.0146% | 4h | 0.1183 | −0.143% | $1.6M | $315K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0092% | 8h | 0.1184 | −0.070% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1184 | −0.116% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1184 | −0.118% | $11.2M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1185 | −0.017% | $2.6M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1183 | −0.152% | $368K | $219K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1186 | +0.042% | $487K | $121K | 50x | as long as short |
| Bitget CCUSDTshort | +0.0100% | 4h | 0.1186 | +0.059% | $936K | $805K | 20x |
Injective CC/USDC PERP
MEXC CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1184 | −0.076% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1184 | −0.042% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1185 | −0.040% | $603K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1184 | −0.108% | $91K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1184 | −0.070% | $6K | $36K | 6.7x | as long as short |
| Hyperliquid CC | +0.0211% | 1h | 0.1187 | +0.143% | $5.6M | $1.4M | 3x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0451% / S −0.0241% | 1h | 0.1185 | −0.018% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0792% | 1h | 0.1189 | +0.338% | $240K | $155K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
GMX CC/USD [WBTC.b-USDC]
Lighter CC