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

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0492%/8h= −53.9% APRnext payment $2.46 per $10,000 · paid last 24h −0.192%
Price spread now: Bybit against Bitget+0.202%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,004as in the Funding arb table
Net, price: spread back to 7d avg − costs−$916as in the Price arb table
costs, in and out, $10k−$9409.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.635%−$63 on $10k
Price spread, last 4 days (all we have)−0.379%−$38 · spread now +0.202%, 7d avg −0.042%
Together, before fees−1.014%−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.244% dearer against Bitget than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of −0.042%): +$24 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CTRUSDT0.011880.0592pay 0.0296% / 4h8m 52s$542K$58K20x
ShortBybit CTRUSDT0.011900.0100get 0.0050% / 4h8m 52s$250K$129K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$103.32
Price spread: +0.202% → −0.042%
$24.39
Slippage, 4 orders
−$917.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,019.26
Costs to cover
9.403%
Break-even
never at this rate
Slippage from Bitget: live order book, 46 min ago; Bybit: live order book, 31 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 Bitget live order book, 46 min ago21.00 bp46.5 bp −$47620.6 bp −$6,206doesn't fitdoesn't fit
Sell Bybit live order book, 31 min ago5.46 bp457.6 bp −$458doesn't fitdoesn't fitdoesn't fit

CTR 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
Lighter CTR+0.0096%1h0.011880.000%$10K$3293xas long as short
Bybit CTRUSDTshort+0.0100%4h0.01190+0.202%$250K$129K20x
Gate CTR_USDT+0.0100%4h0.01190+0.168%$114K$14K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.011880.000%$279K$355K20xas long as short
MEXC CTR_USDT+0.0344%4h0.01189+0.126%$608K$145K20xas long as short
Binance CTRUSDT+0.0345%4h0.01190+0.142%$2.2M$814K20xas long as short
Bitget CTRUSDTlong+0.0592%4h0.01188long leg$542K$58K20x
Aster CTRUSDT+0.0638%4h0.01188−0.001%$9K$8K5xas long as short