Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.076%
Price spread now: Bybit against Bitget+0.036%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$708as in the Funding arb table
Net, price: spread back to 7d avg − costs−$724as in the Price arb table
costs, in and out, $10k−$7287.279% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.935%+$94 · spread now +0.036%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OUSDT | 0.5570 | 0.0100 | pay 0.0050% / 4h | 56m 50s | $1.6M | $317K | 10x |
| Short | Bybit OUSDT | 0.5572 | 0.0101 | get 0.0050% / 4h | 56m 50s | $711K | $936K | 20x |
Bitget OUSDT
Bybit OUSDTFunding 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
- $0.2
- Price spread: +0.036% → −0.007%
- $4.29
- Slippage, 4 orders
- −$704.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$723.45
- Costs to cover
- 7.279%
- Break-even
- 25126.7 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 63 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, 5 min ago | 8.97 bp | 25.8 bp −$26 | 282.0 bp −$2,820 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 63 min ago | 8.11 bp | 316.8 bp −$317 | doesn't fit | doesn't fit | doesn't fit |
O on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5563 | −0.128% | $20K | $51K | 3x | as long as short |
| Binance OUSDT | +0.0100% | 4h | 0.5567 | −0.057% | $4.7M | $1.9M | 10x | as long as short |
| OKX O-USDT-SWAP | +0.0100% | 4h | 0.5563 | −0.126% | $1.5M | $1.1M | 10x | as long as short |
| Gate O_USDT | +0.0100% | 4h | 0.5566 | −0.072% | $1.5M | $525K | 20x | as long as short |
| MEXC O_USDT | +0.0100% | 4h | 0.5568 | −0.036% | $961K | $175K | 50x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5573 | +0.054% | $1.3M | $707K | 20x | as long as short |
| Bitget OUSDTlong | +0.0100% | 4h | 0.5570 | long leg | $1.6M | $317K | 10x | |
| BingX O-USDT | +0.0100% | 4h | 0.5570 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5569 | −0.012% | $3K | $535 | — | as long as short |
| Bybit OUSDTshort | +0.0101% | 4h | 0.5572 | +0.036% | $711K | $936K | 20x |
Aster OUSDT
Binance OUSDT
OKX O-USDT-SWAP
Gate O_USDT
MEXC O_USDT
KuCoin OUSDTM
BingX O-USDT
Variational Omni OShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.0142% | 4h | 0.5571 | +0.018% | $240K | $6K | 20x | as long as short |
BloFin O-USDT