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

M

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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 0.000%
Price spread now: Bitget against Bybit−0.132%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$1901.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.052%+$5 on $10k
Price spread, last 7 days+0.437%+$44 · spread now −0.132%, 7d avg +0.060%
Together, before fees+0.488%+$49 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: Bitget is 0.192% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUSDT1.44060.0100pay 0.0050% / 4h1h 19m$4.5M$1.8M20x
ShortBitget MUSDT1.43870.0100get 0.0050% / 4h1h 19m$1.9M$248K10x

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 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: −0.132% → +0.060%
−$19.22
Slippage, 4 orders
−$167.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$209.52
Costs to cover
1.903%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 2 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 Bybit live order book, 3 min ago3.47 bp42.8 bp −$43393.8 bp −$3,938doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago10.39 bp50.3 bp −$50doesn't fitdoesn't fitdoesn't fit

M on 12 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 MUSDTlong+0.0100%4h1.4406long leg$4.5M$1.8M20x
Gate M_USDT+0.0100%8h1.4390−0.111%$1.9M$912K10xas long as short
Bitget MUSDTshort+0.0100%4h1.4387−0.132%$1.9M$248K10x
Orderly PERP_M_USDC+0.0100%4h1.4413+0.049%$2K$49610xas long as short
SunX M-USDT+0.0100%4h1.4426+0.139%$2K$741K20xas long as short
Variational Omni M+0.0104%4h1.4411+0.037%$90K$43Kas long as short
Aster MUSDT+0.0857%4h1.4401−0.037%$16K$93K5xas long as short
BingX M-USDT+0.1066%4h1.4405−0.007%$2.4Mas long as short
Binance MUSDT+0.1095%4h1.4410+0.026%$5.6M$3.8M10xas long as short
BloFin M-USDT+0.1107%4h1.4446+0.278%$358K$441K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC M_USDT+0.1110%4h1.44060.000%$242K$106K50xas long as short
KuCoin MUSDTM+0.2656%4h1.4282−0.858%$1.4M$4.0M10xas long as short