Funding you earn now, next payment 04:00 UTC−0.1655%/8h= −181.2% APRpaid last 24h −0.057%
Price spread now: Bybit against Bitget+0.033%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1291.285% of the position
Funding, last 7 days+1.017%+$102 on $10k
+Price spread, last 7 days+0.145%+$14 · spread now +0.033%, 7d avg +0.094%
=Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Bybit is 0.061% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.094%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.017%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.017% in total (about 53.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IOSTUSDT | 0.0008986 | −0.0520 | get 0.0260% / 4h | 3h 43m | $678K | $2.0M | 25x |
| Short | Bybit IOSTUSDT | 0.0008989 | −0.2175 | pay 0.2175% / 8h | 7h 43m | $1.9M | $2.0M | 25x |
Bitget IOSTUSDT
Bybit IOSTUSDTFunding 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
- −$347.51
- Price spread: +0.033% → +0.094%
- −$6.09
- Slippage, 4 orders
- −$105.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$482.12
- Costs to cover
- 1.285%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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, 3 min ago | 4.46 bp | 16.6 bp −$17 | 58.6 bp −$586 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.67 bp | 47.1 bp −$47 | 243.4 bp −$2,434 | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDTshort | −0.2175% | 8h | 0.0008989 | +0.033% | $1.9M | $2.0M | 25x | |
| OKX IOST-USDT-SWAP | −0.1148% | 4h | 0.0008985 | −0.011% | $1.6M | $4.0M | 10x | as long as short |
| BloFin IOST-USDT | −0.0838% | 4h | 0.0008968 | −0.200% | $292K | $2.0M | 50x | as long as short |
| Binance IOSTUSDT | −0.0834% | 4h | 0.0008985 | −0.016% | $5.8M | $16.1M | 50x | as long as short |
| MEXC IOST_USDT | −0.0832% | 4h | 0.0008984 | −0.022% | $1.9M | $405K | 50x | as long as short |
| Gate IOST_USDT | −0.0682% | 4h | 0.0008980 | −0.067% | $725K | $441K | 25x | as long as short |
| Bitget IOSTUSDTlong | −0.0520% | 4h | 0.0008986 | long leg | $678K | $2.0M | 25x | |
| Variational Omni IOST | −0.0356% | 8h | 0.0008983 | −0.038% | $10K | $6K | — | as long as short |
| BingX IOST-USDT | −0.0272% | 4h | 0.0008988 | +0.022% | — | $2.5M | — | as long as short |
OKX IOST-USDT-SWAP
BloFin IOST-USDT
Binance IOSTUSDT
MEXC IOST_USDT
Gate IOST_USDT
Variational Omni IOST
BingX IOST-USDT