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

IN

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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 +0.093%
Price spread now: Bybit against Bitget−0.355%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2322.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.355%, 7d avg −0.075%
Together, before fees+0.348%+$35 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 0.280% cheaper against Bitget than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INUSDT0.036610.0100pay 0.0050% / 4h1h 22m$866K$214K25x
ShortBybit INUSDT0.036480.0100get 0.0050% / 4h1h 22m$791K$237K20x

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: −0.355% → −0.075%
−$27.98
Slippage, 4 orders
−$209.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$260.24
Costs to cover
2.323%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 37 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, 38 min ago5.58 bp36.3 bp −$36779.4 bp −$7,794doesn't fitdoesn't fit
Sell Bybit live order book, 37 min ago6.97 bp109.5 bp −$110doesn't fitdoesn't fitdoesn't fit

IN 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
Bybit INUSDTshort+0.0100%4h0.03648−0.355%$791K$237K20x
KuCoin INUSDTM+0.0100%4h0.03659−0.055%$306K$77K30xas long as short
Bitget INUSDTlong+0.0100%4h0.03661long leg$866K$214K25x
Variational Omni IN+0.0100%4h0.03627−0.935%$1K$6as long as short
Aster INUSDT+0.0401%4h0.03650−0.310%$132K$15K5xas long as short
BingX IN-USDT+0.0528%4h0.03658−0.082%$2.3Mas long as short
MEXC IN_USDT+0.0554%4h0.03658−0.082%$299K$95K20xas long as short
Binance INUSDT+0.0563%4h0.03654−0.191%$2.0M$1.5M25xas long as short
Gate IN_USDT+0.0682%4h0.03658−0.082%$240K$151K50xas long as short