Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.043%
Price spread now: Bybit against Bitget−0.052%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.317%+$32 · spread now −0.052%, 7d avg −0.107%
=The price spread pays, funding is against you. Bybit is 0.055% dearer against Bitget than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.107%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IDUSDT | 0.03825 | 0.0168 | pay 0.0084% / 4h | 1h 22m | $823K | $639K | 50x |
| Short | Bybit IDUSDT | 0.03823 | 0.0100 | get 0.0100% / 8h | 5h 22m | $1.5M | $1.1M | 25x |
Bitget IDUSDT
Bybit IDUSDTFunding 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
- −$14.28
- Price spread: −0.052% → −0.107%
- $5.48
- Slippage, 4 orders
- −$72.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$104.48
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 3 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, 38 min ago | 3.97 bp | 21.4 bp −$21 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.25 bp | 31.8 bp −$32 | 367.1 bp −$3,671 | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03816 | −0.247% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03820 | −0.119% | $2.5M | $3.7M | 50x | as long as short |
| Bybit IDUSDTshort | +0.0100% | 8h | 0.03823 | −0.052% | $1.5M | $1.1M | 25x | |
| Gate ID_USDT | +0.0100% | 4h | 0.03825 | 0.000% | $253K | $242K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03819 | −0.157% | $377K | $197K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03816 | −0.235% | $1.1M | $63K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03808 | −0.439% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0129% | 4h | 0.03817 | −0.209% | $161K | $12K | 50x | as long as short |
| BingX ID-USDT | +0.0134% | 4h | 0.03823 | −0.052% | — | $2.3M | — | as long as short |
| Bitget IDUSDTlong | +0.0168% | 4h | 0.03825 | long leg | $823K | $639K | 50x |
Aster IDUSDT
Binance IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BloFin ID-USDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0621% | 1h | 0.03821 | −0.114% | $4K | $3K | 10x | as long as short |
Kraken Futures PF_IDUSD