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

F

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: Bitget against Bybit+0.081%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$890.893% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days−0.199%−$20 · spread now +0.081%, 7d avg −0.059%
Together, before fees−0.211%−$21 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 0.140% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUSDT0.0037090.0100pay 0.0050% / 4h43m 25s$2.4M$2.1M25x
ShortBitget FUSDT0.0037120.0100get 0.0050% / 4h43m 25s$466K$684K50x

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: +0.081% → −0.059%
$13.98
Slippage, 4 orders
−$66.29
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$75.31
Costs to cover
0.893%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 18 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 ago2.70 bp19.5 bp −$20158.3 bp −$1,583doesn't fitdoesn't fit
Sell Bitget live order book, 18 min ago1.35 bp24.0 bp −$2460.4 bp −$604doesn't fitdoesn't fit

F on 10 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
Aster FUSDT+0.0100%4h0.003713+0.106%$15K$26K5xas long as short
Binance FUSDT+0.0100%4h0.003712+0.068%$3.8M$5.9M50xas long as short
Bybit FUSDTlong+0.0100%4h0.003709long leg$2.4M$2.1M25x
OKX F-USDT-SWAP+0.0100%4h0.003706−0.081%$707K$2.0M20xas long as short
Gate F_USDT+0.0100%8h0.003706−0.081%$135K$1.1M25xas long as short
MEXC F_USDT+0.0100%4h0.003713+0.108%$613K$168K50xas long as short
KuCoin FUSDTM+0.0100%4h0.003713+0.108%$615K$1.1M30xas long as short
Bitget FUSDTshort+0.0100%4h0.003712+0.081%$466K$684K50x
BingX F-USDT+0.0100%4h0.003710+0.027%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003707−0.046%$647$364as long as short