Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against Bybit−0.056%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now −0.056%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ETHFIUSDT | 0.7169 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $18.1M | $12.6M | 25x |
| Short | Bitget ETHFIUSDT | 0.7165 | 0.0100 | get 0.0050% / 4h | 2h 10m | $6.1M | $5.4M | 75x |
Bybit ETHFIUSDT
Bitget ETHFIUSDTFunding 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
- $0
- Price spread: −0.056% → −0.031%
- −$2.47
- Slippage, 4 orders
- −$46.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$72.41
- Costs to cover
- 0.699%
- Break-even
- never at this rate
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 | 0.69 bp | 17.2 bp −$17 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.78 bp | 19.1 bp −$19 | 34.8 bp −$348 | doesn't fit | doesn't fit |
ETHFI on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0446% | 1h | 0.7181 | +0.167% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0203% | 4h | 0.7179 | +0.139% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0154% | 4h | 0.7174 | +0.070% | $88K | $168K | 20x | as long as short |
| Variational Omni ETHFI | +0.0012% | 4h | 0.7203 | +0.471% | $1.1M | $717K | — | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.990% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0060% | 8h | 0.7192 | +0.315% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7190 | +0.290% | $1.1M | $887K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7187 | +0.246% | $18.1M | $8.4M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7190 | +0.288% | $184K | $258K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7164 | −0.070% | $24.9M | $36.0M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Variational Omni ETHFI
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDTlong | +0.0100% | 4h | 0.7169 | long leg | $18.1M | $12.6M | 25x | |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7173 | +0.056% | $5.0M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7179 | +0.139% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7166 | −0.042% | $15.5M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7178 | +0.126% | $1.2M | $256K | 50x | as long as short |
| Bitget ETHFIUSDTshort | +0.0100% | 4h | 0.7165 | −0.056% | $6.1M | $5.4M | 75x | |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7180 | +0.153% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7205 | +0.497% | $72K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7183 | +0.195% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7163 | −0.081% | $97K | $376K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7176 | +0.103% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0160% | 1h | 0.7253 | +1.172% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0225% | 1h | 0.7191 | +0.300% | $273K | $182K | 20x | as long as short |
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD