Funding you earn now, next payment 07:00 UTC+1.2946%/8h= +1417.6% APRnext payment +$16.18 per $10,000 · paid last 24h +0.066%
Price spread now: Bitget against Bybit−0.350%7-day average −0.806% · you buy dearer than you sell
Net, funding: paid 7d − costs+$772as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days+8.739%+$874 on $10k
+Price spread, last 7 days−1.335%−$133 · spread now −0.350%, 7d avg −0.806%
=Both sides work for this trade now. Funding pays +$388 a day on $10k at the current rate, and Bitget is 0.457% dearer against Bybit than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.806%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 8.739% in total (about 455.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.18 per $10,000. 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 | Bybit LSKUSDT | 0.3375 | −1.4210 | get 0.1776% / 1h | 50m 49s | $9.2M | $20.5M | 25x |
| Short | Bitget LSKUSDT | 0.3363 | −0.1264 | pay 0.0158% / 1h | 50m 49s | $2.6M | $10.1M | 50x |
Funding 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
- $2,718.69
- Price spread: −0.350% → −0.806%
- $45.67
- Slippage, 4 orders
- −$78.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2,662.77
- Costs to cover
- 1.016%
- Break-even
- 0.1 days
Slippage from Bybit: live order book, 3 min ago; Bitget: 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 Bybit live order book, 3 min ago | 0.15 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.49 bp | 22.9 bp −$23 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
LSK on 10 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 LSKUSDTlong | −1.4210% | 1h | 0.3375 | long leg | $9.2M | $20.5M | 25x | |
| Variational Omni LSK | −0.8151% | 1h | 0.3374 | −0.024% | $26K | $186K | — | as long as short |
| HTX LSK-USDT | −0.7551% | 1h | 0.3352 | −0.667% | $39K | $315K | 20x | as long as short |
| Gate LSK_USDT | −0.6424% | 1h | 0.3365 | −0.290% | $1.4M | $2.6M | 20x | as long as short |
| Binance LSKUSDT | −0.4705% | 1h | 0.3362 | −0.370% | $14.5M | $100.3M | 50x | as long as short |
| MEXC LSK_USDT | −0.4616% | 1h | 0.3365 | −0.299% | $8.3M | $2.4M | 20x | as long as short |
| Aster LSKUSDT | −0.4013% | 1h | 0.3364 | −0.332% | $59K | $178K | 5x | as long as short |
| Kraken Futures PF_LSKUSD | −0.2081% | 1h | 0.3366 | −0.249% | $100K | $360K | 10x | as long as short |
| Bitget LSKUSDTshort | −0.1264% | 1h | 0.3363 | −0.350% | $2.6M | $10.1M | 50x | |
| BingX LSK-USDT | −0.0784% | 1h | 0.3360 | −0.444% | — | $2.8M | — | as long as short |
Bybit LSKUSDT
Bitget LSKUSDT
Variational Omni LSK
HTX LSK-USDT
Gate LSK_USDT
Binance LSKUSDT
MEXC LSK_USDT
Aster LSKUSDT
Kraken Futures PF_LSKUSD
BingX LSK-USDT