Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against Bitget−0.028%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2022.021% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.305%−$31 · spread now −0.028%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.029% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4196 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $1.8M | $253K | 10x |
| Short | Bybit MUSDT | 1.4192 | 0.0100 | get 0.0050% / 4h | 3h 34m | $4.4M | $1.8M | 20x |
Bitget MUSDT
Bybit MUSDTFunding 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
- $0
- Price spread: −0.028% → −0.057%
- $2.9
- Slippage, 4 orders
- −$179.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$199.18
- Costs to cover
- 2.021%
- 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 | 11.26 bp | 58.3 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.82 bp | 37.8 bp −$38 | 234.5 bp −$2,345 | doesn't fit | doesn't fit |
M on 12 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 MUSDTshort | +0.0100% | 4h | 1.4192 | −0.028% | $4.4M | $1.8M | 20x | |
| Gate M_USDT | +0.0100% | 8h | 1.4186 | −0.070% | $1.9M | $873K | 10x | as long as short |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4196 | long leg | $1.8M | $253K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4193 | −0.021% | $88K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4203 | +0.049% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4196 | 0.000% | $1K | $774K | 20x | as long as short |
| Aster MUSDT | +0.0322% | 4h | 1.4178 | −0.129% | $15K | $87K | 5x | as long as short |
| BloFin M-USDT | +0.0453% | 4h | 1.4209 | +0.092% | $358K | $449K | 10x | as long as short |
| BingX M-USDT | +0.0476% | 4h | 1.4188 | −0.056% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.0510% | 4h | 1.4198 | +0.014% | $235K | $106K | 50x | as long as short |
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BloFin M-USDT
BingX M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0510% | 4h | 1.4196 | +0.002% | $5.5M | $3.8M | 10x | as long as short |
| KuCoin MUSDTM | +0.1308% | 4h | 1.4077 | −0.840% | $1.4M | $3.9M | 10x | as long as short |
Binance MUSDT
KuCoin MUSDTM