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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.059%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.059%, 7d avg −0.081%
Together, before fees−0.002%$0 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 0.022% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NILUSDT0.067680.0100pay 0.0050% / 4h2h 17m$3.5M$14.6M20x
ShortBitget NILUSDT0.067640.0100get 0.0050% / 4h2h 17m$1.7M$9.5M50x

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: −0.059% → −0.081%
$2.21
Slippage, 4 orders
−$100.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$121.72
Costs to cover
1.239%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, just now.

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, 5 min ago3.68 bp30.3 bp −$30148.2 bp −$1,482doesn't fitdoesn't fit
Sell Bitget live order book, just now7.39 bp29.3 bp −$29123.9 bp −$1,239doesn'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%4h0.06754−0.201%$20K$370K5xas long as short
Binance NILUSDT+0.0100%4h0.06758−0.148%$5.3M$83.9M50xas long as short
Bybit NILUSDTlong+0.0100%4h0.06768long leg$3.5M$14.6M20x
Gate NIL_USDT+0.0100%4h0.06752−0.236%$437K$2.1M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06754−0.207%$2.3M$6.0M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06759−0.133%$475K$719K30xas long as short
Bitget NILUSDTshort+0.0100%4h0.06764−0.059%$1.7M$9.5M50x
BingX NIL-USDT+0.0100%4h0.06757−0.163%$8.6Mas long as short
Variational Omni NIL+0.0100%4h0.06751−0.249%$50K$153Kas long as short
Extended NIL-USD+0.0104%1h0.06759−0.139%$16K$94K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0146%4h0.06734−0.502%$356K$159K50xas long as short
Hyperliquid NIL+0.1600%1h0.06779+0.163%$4.1M$4.6M3xas long as short