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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Bybit against Bitget−0.078%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 7 days+0.124%+$12 · spread now −0.078%, 7d avg +0.015%
Together, before fees+0.070%+$7 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: Bybit is 0.093% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FFUSDT0.12820.0100pay 0.0050% / 4h2h 52m$18.7M$1.3M5x
ShortBybit FFUSDT0.12810.0100get 0.0050% / 4h2h 52m$14.4M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.078% → +0.015%
−$9.35
Slippage, 4 orders
−$84.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$116.92
Costs to cover
1.076%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 6 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 Bitget live order book, 1 min ago3.90 bp23.0 bp −$2369.2 bp −$692doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago0.39 bp27.9 bp −$28142.9 bp −$1,429doesn't fitdoesn't fit

FF on 11 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 FF-USDT−0.0094%4h0.1282−0.031%$2.3M$304K20xas long as short
Binance FFUSDT−0.0060%4h0.1281−0.086%$43.4M$20.6M20xas long as short
MEXC FF_USDT−0.0058%4h0.1281−0.101%$10.1M$751K50xas long as short
Aster FFUSDT+0.0100%4h0.1282+0.020%$1.2M$17K5xas long as short
Bybit FFUSDTshort+0.0100%4h0.1281−0.078%$14.4M$5.4M20x
KuCoin FFUSDTM+0.0100%4h0.1284+0.125%$8.6M$5.2M20xas long as short
Bitget FFUSDTlong+0.0100%4h0.1282long leg$18.7M$1.3M5x
BingX FF-USDT+0.0100%4h0.1282−0.016%$6.7Mas long as short
SunX FF-USDT+0.0100%4h0.1278−0.296%$1K$1.4M20xas long as short
Gate FF_USDT+0.0168%4h0.1284+0.133%$27.0M$1.5M50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0936%1h0.1286+0.304%$136K$35K3xas long as short