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

GENIUS

all GENIUS markets
SwapBacktest
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 0.000%
Price spread now: Bybit against Bitget+0.170%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2702.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 7 days−0.078%−$8 · spread now +0.170%, 7d avg +0.069%
Together, before fees−0.022%−$2 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 0.102% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GENIUSUSDT0.36370.0100pay 0.0050% / 4h2h 56m$790K$1.3M20x
ShortBybit GENIUSUSDT0.36430.0100get 0.0050% / 4h2h 56m$1.6M$2.5M25x

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: +0.170% → +0.069%
$10.2
Slippage, 4 orders
−$247.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$259.92
Costs to cover
2.701%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago10.84 bp40.2 bp −$40206.2 bp −$2,062doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.84 bp83.8 bp −$84275.3 bp −$2,753doesn't fitdoesn't fit

GENIUS on 12 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 GENIUS-USDT+0.0084%4h0.3668+0.858%$512K$23K50xas long as short
Bybit GENIUSUSDTshort+0.0100%4h0.3643+0.170%$1.6M$2.5M25x
Gate GENIUS_USDT+0.0100%4h0.3646+0.253%$251K$466K20xas long as short
KuCoin GENIUSUSDTM+0.0100%4h0.3635−0.036%$554K$1.9M20xas long as short
Bitget GENIUSUSDTlong+0.0100%4h0.3637long leg$790K$1.3M20x
Variational Omni GENIUS+0.0100%4h0.3650+0.373%$95K$107Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3658+0.583%$1K$630K20xas long as short
BingX GENIUS-USDT+0.0128%4h0.3647+0.280%$1.7Mas long as short
MEXC GENIUS_USDT+0.0132%4h0.3639+0.060%$494K$330K20xas long as short
Extended GENIUS-USD+0.0136%1h0.3644+0.201%$4K$176K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GENIUSUSDT+0.0140%4h0.3648+0.308%$9.3M$19.3M50xas long as short
Aster GENIUSUSDT+0.0543%4h0.3661+0.665%$260K$552K20xas long as short