Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.099%
Price spread now: Bitget against Bybit−0.007%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1511.509% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.007%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.054% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CPUSDT | 0.01359 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $1.5M | $2.3M | 20x |
| Short | Bitget CPUSDT | 0.01359 | 0.0100 | get 0.0050% / 4h | 3h 46m | $786K | $1.5M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.007% → +0.046%
- −$5.37
- Slippage, 4 orders
- −$127.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$156.32
- Costs to cover
- 1.509%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 3.69 bp | 39.3 bp −$39 | 409.4 bp −$4,094 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 8.48 bp | 33.6 bp −$34 | 135.3 bp −$1,353 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CP-USDT | +0.0046% | 4h | 0.01359 | 0.000% | $413 | $36K | 20x | as long as short |
| BingX CP-USDT | +0.0070% | 4h | 0.01361 | +0.147% | — | $1.0M | — | as long as short |
| Bybit CPUSDTlong | +0.0100% | 4h | 0.01359 | long leg | $1.5M | $2.3M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01360 | +0.074% | $3.8M | $10.6M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01358 | −0.074% | $557K | $509K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01358 | −0.074% | $1.5M | $363K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01360 | +0.074% | $190K | $919K | 20x | as long as short |
| Bitget CPUSDTshort | +0.0100% | 4h | 0.01359 | −0.007% | $786K | $1.5M | 20x |
Bybit CPUSDT
Bitget CPUSDT
BloFin CP-USDT
BingX CP-USDT
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
KuCoin CPUSDTM