Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Bybit+0.032%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1491.489% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.032%, 7d avg −0.034%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MEMEUSDT | 0.0006188 | 0.0061 | pay 0.0030% / 4h | 2h 10m | $1.3M | $632K | 50x |
| Short | Bitget MEMEUSDT | 0.0006190 | 0.0100 | get 0.0050% / 4h | 2h 10m | $446K | $756K | 25x |
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
- $8.27
- Price spread: +0.032% → −0.034%
- $6.62
- Slippage, 4 orders
- −$125.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$133.97
- Costs to cover
- 1.489%
- Break-even
- 120.3 days
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 55 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, 5 min ago | 4.03 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 9.57 bp | 23.3 bp −$23 | 79.1 bp −$791 | doesn't fit | doesn't fit |
MEME 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEME/USD [WBTC.b-USDC] | L 0.0000% / S 0.0000% | 1h | 0.0006180 | −0.129% | — | — | 100x | as long as short |
| Bybit MEMEUSDTlong | +0.0061% | 4h | 0.0006188 | long leg | $1.3M | $632K | 50x | |
| Hyperliquid MEME | +0.0100% | 1h | 0.0006190 | +0.032% | $572K | $160K | 3x | as long as short |
| Binance MEMEUSDT | +0.0100% | 4h | 0.0006187 | −0.016% | $2.5M | $4.8M | 50x | as long as short |
| OKX MEME-USDT-SWAP | +0.0100% | 4h | 0.0006175 | −0.210% | $639K | $2.1M | 20x | as long as short |
| Gate MEME_USDT | +0.0100% | 4h | 0.0006181 | −0.113% | $430K | $78K | 20x | as long as short |
| MEXC MEME_USDT | +0.0100% | 4h | 0.0006187 | −0.016% | $878K | $388K | 50x | as long as short |
| KuCoin MEMEUSDTM | +0.0100% | 4h | 0.0006189 | +0.016% | $186K | $53K | 30x | as long as short |
| Bitget MEMEUSDTshort | +0.0100% | 4h | 0.0006190 | +0.032% | $446K | $756K | 25x | |
| BingX MEME-USDT | +0.0100% | 4h | 0.0006187 | −0.016% | — | $2.4M | — | as long as short |
Bybit MEMEUSDT
Bitget MEMEUSDT
GMX MEME/USD [WBTC.b-USDC]
Hyperliquid MEME
Binance MEMEUSDT
OKX MEME-USDT-SWAP
Gate MEME_USDT
MEXC MEME_USDT
KuCoin MEMEUSDTM
BingX MEME-USDT