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

CROSS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.156%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$383as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$3913.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days+0.185%+$18 · spread now −0.156%, 7d avg −0.107%
Together, before fees+0.270%+$27 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 0.049% 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 −0.107%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CROSSUSDT0.15430.0100pay 0.0050% / 4h2h 00m$701K$506K20x
ShortBitget CROSSUSDT0.15400.0100get 0.0050% / 4h2h 00m$1.3M$153K20x

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: −0.156% → −0.107%
−$4.86
Slippage, 4 orders
−$368.43
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$396.29
Costs to cover
3.914%
Break-even
never at this rate
Slippage from Bybit: live order book, 44 min ago; Bitget: live order book, 1 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, 44 min ago1.97 bp138.9 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago14.61 bp47.2 bp −$47300.8 bp −$3,008doesn't fitdoesn't fit

CROSS on 8 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
Binance CROSSUSDT+0.0100%4h0.1544+0.084%$1.6M$2.6M40xas long as short
Bybit CROSSUSDTlong+0.0100%4h0.1543long leg$701K$506K20x
Gate CROSS_USDT+0.0100%4h0.1542−0.032%$189K$38K20xas long as short
MEXC CROSS_USDT+0.0100%4h0.1544+0.091%$321K$144K100xas long as short
KuCoin CROSSUSDTM+0.0100%4h0.1540−0.182%$277K$30K20xas long as short
Bitget CROSSUSDTshort+0.0100%4h0.1540−0.156%$1.3M$153K20x
BingX CROSS-USDT+0.0100%4h0.1543+0.026%$1.3Mas long as short
Variational Omni CROSS+0.0100%4h0.1543+0.020%$709$1Kas long as short