Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.147%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2362.360% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.147%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.099% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDERUSDT | 0.04069 | 0.0100 | pay 0.0050% / 4h | 57m 11s | $482K | $251K | 20x |
| Short | Bybit ORDERUSDT | 0.04063 | 0.0100 | get 0.0100% / 8h | 4h 57m | $1.3M | $718K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.147% → −0.048%
- −$9.92
- Slippage, 4 orders
- −$213.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$245.93
- Costs to cover
- 2.360%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 59 min ago; Bybit: live order book, 4 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, 59 min ago | 11.00 bp | 49.5 bp −$50 | 342.0 bp −$3,420 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.91 bp | 70.2 bp −$70 | 297.0 bp −$2,970 | doesn't fit | doesn't fit |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04071 | +0.049% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDTshort | +0.0100% | 8h | 0.04063 | −0.147% | $1.3M | $718K | 20x | |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04069 | 0.000% | $169K | $321K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04065 | −0.098% | $76K | $60K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04068 | −0.025% | $275K | $98K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04067 | −0.049% | $226K | $87K | 30x | as long as short |
| Bitget ORDERUSDTlong | +0.0100% | 4h | 0.04069 | long leg | $482K | $251K | 20x | |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04061 | −0.197% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04069 | +0.004% | $11K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0116% | 8h | 0.04059 | −0.246% | $66K | $7K | 16x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0669% | 4h | 0.04071 | +0.049% | $192K | $176K | 10x | as long as short |
Bitget ORDERUSDT
Bybit ORDERUSDT
Binance ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDT