Funding you earn now, next payment 08:00 UTC−0.0430%/8h= −47.1% APRnext payment −$2.15 per $10,000 · paid last 24h −0.098%
Price spread now: Bybit against Bitget−0.067%7-day average −0.203% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1581.582% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now −0.067%, 7d avg −0.203%
=The price spread pays, funding is against you. Bybit is 0.136% dearer against Bitget than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.203%): +$14 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.203% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.15 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 | Bitget MOCAUSDT | 0.01039 | 0.0530 | pay 0.0265% / 4h | 1h 08m | $231K | $1.1M | 50x |
| Short | Bybit MOCAUSDT | 0.01039 | 0.0100 | get 0.0050% / 4h | 1h 08m | $737K | $850K | 25x |
Bitget MOCAUSDT
Bybit MOCAUSDTFunding 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
- −$90.3
- Price spread: −0.067% → −0.203%
- $13.61
- Slippage, 4 orders
- −$135.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$234.87
- Costs to cover
- 1.582%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 31 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, 2 min ago | 11.52 bp | 34.6 bp −$35 | 336.1 bp −$3,361 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 11.10 bp | 54.5 bp −$55 | 281.2 bp −$2,812 | doesn't fit | doesn't fit |
MOCA on 6 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 MOCAUSDTshort | +0.0100% | 4h | 0.01039 | −0.067% | $737K | $850K | 25x | |
| Gate MOCA_USDT | +0.0100% | 4h | 0.01040 | +0.058% | $193K | $223K | 50x | as long as short |
| KuCoin MOCAUSDTM | +0.0100% | 4h | 0.01039 | −0.038% | $82K | $48K | 20x | as long as short |
| MEXC MOCA_USDT | +0.0216% | 4h | 0.01042 | +0.250% | $535K | $147K | 50x | as long as short |
| Binance MOCAUSDT | +0.0217% | 4h | 0.01043 | +0.342% | $1.4M | $2.6M | 50x | as long as short |
| Bitget MOCAUSDTlong | +0.0530% | 4h | 0.01039 | long leg | $231K | $1.1M | 50x |
Gate MOCA_USDT
KuCoin MOCAUSDTM
MEXC MOCA_USDT
Binance MOCAUSDT