Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.106%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2722.716% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.106%, 7d avg +0.125%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOUSDT | 0.1502 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1.1M | $863K | 25x |
| Short | Bitget IOUSDT | 0.1504 | 0.0100 | get 0.0050% / 4h | 2h 40m | $1.4M | $1.1M | 50x |
Bybit IOUSDT
Bitget IOUSDTFunding 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 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: +0.106% → +0.125%
- −$1.83
- Slippage, 4 orders
- −$248.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$273.44
- Costs to cover
- 2.716%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 5 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 Bybit live order book, 4 min ago | 6.65 bp | 101.3 bp −$101 | 416.3 bp −$4,163 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.33 bp | 30.3 bp −$30 | 178.5 bp −$1,785 | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −0.0157% | 1h | 0.1503 | +0.040% | $2K | $101 | 5.5x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1504 | +0.073% | $1.0M | $393K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1505 | +0.203% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1504 | +0.106% | $3.0M | $6.4M | 50x | as long as short |
| Bybit IOUSDTlong | +0.0100% | 4h | 0.1502 | long leg | $1.1M | $863K | 25x | |
| Gate IO_USDT | +0.0100% | 4h | 0.1505 | +0.200% | $230K | $542K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1503 | +0.040% | $1.1M | $237K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1503 | +0.040% | $401K | $654K | 50x | as long as short |
| Bitget IOUSDTshort | +0.0100% | 4h | 0.1504 | +0.106% | $1.4M | $1.1M | 50x | |
| BingX IO-USDT | +0.0100% | 4h | 0.1504 | +0.106% | — | $1.3M | — | as long as short |
Injective IO/USDC PERP
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Gate IO_USDT
MEXC IO_USDT
KuCoin IOUSDTM
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1502 | −0.026% | $30K | $5K | — | as long as short |
| BloFin IO-USDT | +0.0103% | 4h | 0.1506 | +0.240% | $192K | $30K | 50x | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1504 | +0.099% | $5K | $171K | 5x | as long as short |
| Kraken Futures PF_IOUSD | +0.5463% | 1h | 0.1505 | +0.160% | $39K | $21K | 10x | as long as short |
Variational Omni IO
BloFin IO-USDT
Extended IO-USD
Kraken Futures PF_IOUSD