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

ORDER

all ORDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Bybit0.000%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2372.368% 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 4 days (all we have)+0.205%+$20 · spread now 0.000%, 7d avg +0.048%
Together, before fees+0.205%+$20 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 0.048% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORDERUSDT0.041300.0100pay 0.0100% / 8h5h 20m$1.3M$708K20x
ShortBitget ORDERUSDT0.041300.0100get 0.0050% / 4h1h 20m$494K$236K20x

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: 0.000% → +0.048%
−$4.83
Slippage, 4 orders
−$213.78
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$241.6
Costs to cover
2.368%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; Bitget: live order book, 35 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 Bybit live order book, just now4.84 bp70.5 bp −$70432.1 bp −$4,321doesn't fitdoesn't fit
Sell Bitget live order book, 35 min ago11.00 bp51.1 bp −$51387.9 bp −$3,879doesn't fitdoesn't fit

ORDER on 11 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
Binance ORDERUSDT+0.0100%4h0.04141+0.266%$1.4M$1.8M50xas long as short
Bybit ORDERUSDTlong+0.0100%8h0.04130long leg$1.3M$708K20x
OKX ORDER-USDT-SWAP+0.0100%4h0.04141+0.266%$171K$321K20xas long as short
Gate ORDER_USDT+0.0100%4h0.04131+0.024%$78K$65K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04140+0.242%$280K$100K20xas long as short
KuCoin ORDERUSDTM+0.0100%4h0.04136+0.145%$233K$87K30xas long as short
Bitget ORDERUSDTshort+0.0100%4h0.041300.000%$494K$236K20x
BingX ORDER-USDT+0.0100%4h0.04139+0.218%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04122−0.188%$11K$2Kas long as short
BloFin ORDER-USDT+0.0127%8h0.04122−0.194%$66K$7K16xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0710%4h0.04132+0.048%$195K$198K10xas long as short