Funding you earn now, next payment 22:00 UTC−0.8552%/8h= −936.5% APRpaid last 24h −1.061%
Price spread now: Bitget against Bybit+1.030%7-day average −0.416% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs+$47as in the Price arb table
costs, in and out, $10k−$980.981% of the position
Funding, last 7 days−0.896%−$90 on $10k
+Price spread, last 7 days−3.323%−$332 · spread now +1.030%, 7d avg −0.416%
=The price spread pays, funding is against you. Bitget is 1.446% dearer against Bybit than usual: you sell high and buy low (spread +1.030% now, against its 7-day average of −0.416%): +$145 on $10k if it goes back. Holding the pair costs −$257 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.896% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.896% in total (about -46.7% a year). A funding rate is set anew for every payment. 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 CVCUSDT | 0.02718 | 0.8484 | pay 0.1061% / 1h | 13m 19s | $1.7M | $1.4M | 25x |
| Short | Bitget CVCUSDT | 0.02746 | −0.0068 | pay 0.0034% / 4h | 2h 13m | $463K | $469K | 50x |
Bybit CVCUSDT
Bitget CVCUSDTFunding 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
- −$1,796.02
- Price spread: +1.030% → −0.416%
- $144.64
- Slippage, 4 orders
- −$75.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,749.46
- Costs to cover
- 0.981%
- Break-even
- from the start
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 1.84 bp | 30.0 bp −$30 | 419.7 bp −$4,197 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.47 bp | 17.4 bp −$17 | 70.0 bp −$700 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0984% | 4h | 0.02743 | +0.920% | $210K | $312K | 25x | as long as short |
| Bitget CVCUSDTshort | −0.0068% | 4h | 0.02746 | +1.030% | $463K | $469K | 50x | |
| BingX CVC-USDT | −0.0036% | 4h | 0.02742 | +0.883% | — | $2.4M | — | as long as short |
| Binance CVCUSDT | +0.0031% | 4h | 0.02742 | +0.881% | $2.9M | $5.6M | 50x | as long as short |
| MEXC CVC_USDT | +0.0032% | 4h | 0.02743 | +0.920% | $661K | $124K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02747 | +1.067% | $1.4M | $398K | 30x | as long as short |
| Variational Omni CVC | +0.5876% | 1h | 0.02722 | +0.161% | $1K | $370 | — | as long as short |
| Bybit CVCUSDTlong | +0.8484% | 1h | 0.02718 | long leg | $1.7M | $1.4M | 25x |
Gate CVC_USDT
BingX CVC-USDT
Binance CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Variational Omni CVC