Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%
Price spread now: Bybit against Bitget−0.050%7-day average +0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2462.464% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.298%+$30 · spread now −0.050%, 7d avg +0.139%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.189% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.139%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FORMUSDT | 0.3617 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.1M | $7.5M | 50x |
| Short | Bybit FORMUSDT | 0.3615 | 0.0100 | get 0.0050% / 4h | 2h 41m | $2.3M | $11.0M | 20x |
Bitget FORMUSDT
Bybit FORMUSDTFunding 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 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: −0.050% → +0.139%
- −$18.91
- Slippage, 4 orders
- −$223.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$265.28
- Costs to cover
- 2.464%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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 Bitget live order book, 2 min ago | 5.56 bp | 42.5 bp −$43 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.16 bp | 67.8 bp −$68 | 188.0 bp −$1,880 | doesn't fit | doesn't fit |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3611 | −0.160% | — | — | — | as long as short |
| BloFin FORM-USDT | +0.0045% | 4h | 0.3606 | −0.304% | $1.0M | $348K | 50x | as long as short |
| BingX FORM-USDT | +0.0070% | 4h | 0.3612 | −0.138% | — | $3.4M | — | as long as short |
| Aster FORMUSDT | +0.0100% | 4h | 0.3617 | +0.005% | $44K | $600K | 5x | as long as short |
| Binance FORMUSDT | +0.0100% | 4h | 0.3615 | −0.055% | $19.0M | $129.7M | 50x | as long as short |
| Bybit FORMUSDTshort | +0.0100% | 4h | 0.3615 | −0.050% | $2.3M | $11.0M | 20x | |
| Gate FORM_USDT | +0.0100% | 4h | 0.3611 | −0.166% | $829K | $4.0M | 50x | as long as short |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3616 | −0.028% | $2.0M | $8.0M | 100x | as long as short |
| KuCoin FORMUSDTM | +0.0100% | 4h | 0.3620 | +0.083% | $356K | $777K | 30x | as long as short |
| Bitget FORMUSDTlong | +0.0100% | 4h | 0.3617 | long leg | $1.1M | $7.5M | 50x |
gTrade (Gains Network) FORM/USD
BloFin FORM-USDT
BingX FORM-USDT
Aster FORMUSDT
Binance FORMUSDT
Gate FORM_USDT
MEXC FORM_USDT
KuCoin FORMUSDTM