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

FIDA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.111%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3263.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.111%, 7d avg −0.016%
Together, before fees−0.235%−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.126% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FIDAUSDT0.021710.0100pay 0.0050% / 4h1h 20m$467K$202K20x
ShortBitget FIDAUSDT0.021730.0238get 0.0119% / 4h1h 20m$536K$346K25x

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
$28.98
Price spread: +0.111% → −0.016%
$12.61
Slippage, 4 orders
−$303.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$284.59
Costs to cover
3.262%
Break-even
75.7 days
Slippage from Bybit: live order book, 34 min ago; Bitget: live order book, 39 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, 34 min ago4.65 bp136.1 bp −$136doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 39 min ago8.11 bp29.0 bp −$29239.6 bp −$2,396doesn't fitdoesn't fit

FIDA on 9 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 FIDAUSDT+0.0100%4h0.02170−0.066%$9K$6K5xas long as short
Binance FIDAUSDT+0.0100%4h0.02169−0.072%$1.4M$2.4M25xas long as short
Bybit FIDAUSDTlong+0.0100%4h0.02171long leg$467K$202K20x
Gate FIDA_USDT+0.0100%4h0.02169−0.092%$47K$38K10xas long as short
MEXC FIDA_USDT+0.0100%4h0.02169−0.092%$741K$181K20xas long as short
Variational Omni FIDA+0.0100%4h0.02172+0.028%$3K$401as long as short
Extended FIDA-USD+0.0104%1h0.02169−0.075%$1K$99K5xas long as short
BingX FIDA-USDT+0.0224%4h0.02170−0.046%$1.3Mas long as short
Bitget FIDAUSDTshort+0.0238%4h0.02173+0.111%$536K$346K25x