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

CTR

all CTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.173%
Price spread now: Bitget against Bybit−0.093%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$887as in the Funding arb table
Net, price: spread back to 7d avg − costs−$965as in the Price arb table
costs, in and out, $10k−$9519.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.645%+$65 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.093%, 7d avg +0.041%
Together, before fees+0.932%+$93 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.134% cheaper against Bybit than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.041%). If the spread goes back, that is −$13 on $10k: about 45 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CTRUSDT0.011790.0100pay 0.0050% / 4h2h 32m$247K$129K20x
ShortBitget CTRUSDT0.011780.0338get 0.0169% / 4h2h 32m$502K$88K20x

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
$49.98
Price spread: −0.093% → +0.041%
−$13.39
Slippage, 4 orders
−$928.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$914.82
Costs to cover
9.514%
Break-even
135.1 days
Slippage from Bybit: live order book, 62 min ago; Bitget: live order book, 12 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, 62 min ago6.34 bp340.3 bp −$340doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 12 min ago12.67 bp43.1 bp −$43457.5 bp −$4,575doesn'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%1h0.01178−0.093%$9K$3593xas long as short
Bybit CTRUSDTlong+0.0100%4h0.01179long leg$247K$129K20x
Gate CTR_USDT+0.0100%4h0.01179−0.008%$113K$15K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.01176−0.263%$280K$360K20xas long as short
Binance CTRUSDT+0.0136%4h0.01180+0.036%$2.2M$814K20xas long as short
MEXC CTR_USDT+0.0140%4h0.01180+0.042%$603K$144K20xas long as short
Bitget CTRUSDTshort+0.0338%4h0.01178−0.093%$502K$88K20x
Aster CTRUSDT+0.0522%4h0.01177−0.157%$9K$8K5xas long as short