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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Bybit+0.456%7-day average +0.298% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1511.505% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.456%, 7d avg +0.298%
Together, before fees−0.060%−$6 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 0.158% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.298%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.019730.0100pay 0.0100% / 8h2h 19m$4.2M$2.6M50x
ShortBitget DEEPUSDT0.019820.0100get 0.0050% / 4h2h 19m$841K$596K50x

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: +0.456% → +0.298%
$15.79
Slippage, 4 orders
−$127.55
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$134.75
Costs to cover
1.505%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 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, 3 min ago2.53 bp42.8 bp −$43292.9 bp −$2,929doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago10.09 bp41.2 bp −$41213.5 bp −$2,135doesn't fitdoesn't fit

DEEP on 12 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
BloFin DEEP-USDT+0.0092%8h0.01978+0.253%$137K$34K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01979+0.326%$2.1M$6.0M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.01973long leg$4.2M$2.6M50x
Gate DEEP_USDT+0.0100%4h0.01978+0.253%$305K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01979+0.304%$1.0M$547K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01983+0.507%$1.8M$92K20xas long as short
Bitget DEEPUSDTshort+0.0100%4h0.01982+0.456%$841K$596K50x
Variational Omni DEEP+0.0100%8h0.01977+0.223%$11K$6Kas long as short
Bluefin DEEP-PERP+0.0100%1h0.01974+0.051%$80K$15K20xas long as short
Extended DEEP-USD+0.0104%1h0.01979+0.310%$5K$221K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.01977+0.203%$6.7Mas long as short
Kraken Futures PF_DEEPUSD+1.2299%1h0.01977+0.221%$8K$7K10xas long as short