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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.127%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.094%−$9 · spread now +0.127%, 7d avg +0.087%
Together, before fees−0.094%−$9 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: Bybit is 0.040% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NILUSDT0.071110.0100pay 0.0050% / 4h2h 32m$2.0M$8.7M50x
ShortBybit NILUSDT0.071200.0100get 0.0050% / 4h2h 32m$3.9M$13.6M20x

Funding 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 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: +0.127% → +0.087%
$3.99
Slippage, 4 orders
−$128.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$147.09
Costs to cover
1.511%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 11 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 Bitget live order book, 1 min ago7.74 bp22.4 bp −$22141.8 bp −$1,418doesn't fitdoesn't fit
Sell Bybit live order book, 11 min ago6.25 bp49.4 bp −$49195.3 bp −$1,953doesn't fitdoesn't fit

NIL 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
Aster NILUSDT+0.0100%4h0.07095−0.220%$23K$324K5xas long as short
Binance NILUSDT+0.0100%4h0.07098−0.187%$5.6M$72.3M50xas long as short
Bybit NILUSDTshort+0.0100%4h0.07120+0.127%$3.9M$13.6M20x
Gate NIL_USDT+0.0100%4h0.07096−0.211%$448K$1.9M50xas long as short
MEXC NIL_USDT+0.0100%4h0.07091−0.281%$2.2M$3.9M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.07097−0.197%$558K$702K30xas long as short
Bitget NILUSDTlong+0.0100%4h0.07111long leg$2.0M$8.7M50x
BingX NIL-USDT+0.0100%4h0.07103−0.113%$8.3Mas long as short
Variational Omni NIL+0.0100%4h0.07147+0.512%$183K$264Kas long as short
Extended NIL-USD+0.0104%1h0.07091−0.288%$21K$185K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0107%4h0.07095−0.225%$365K$120K50xas long as short
Hyperliquid NIL+0.1097%1h0.07117+0.080%$4.5M$4.8M3xas long as short