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: Bybit against Bitget−0.050%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1791.789% of the position
Funding, last 7 days+0.459%+$46 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now −0.050%, 7d avg +0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.174% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PUNDIXUSDT | 0.1197 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $237K | $231K | 20x |
| Short | Bybit PUNDIXUSDT | 0.1196 | 0.0100 | get 0.0050% / 4h | 2h 54m | $778K | $385K | 20x |
Bitget PUNDIXUSDT
Bybit PUNDIXUSDTFunding 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: −0.050% → +0.123%
- −$17.35
- Slippage, 4 orders
- −$155.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$196.27
- Costs to cover
- 1.789%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; Bybit: live order book, 30 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, 28 min ago | 3.77 bp | 30.6 bp −$31 | 232.2 bp −$2,322 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 30 min ago | 5.44 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1195 | −0.150% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1198 | +0.099% | $1.4M | $1.7M | 50x | as long as short |
| Bybit PUNDIXUSDTshort | +0.0100% | 4h | 0.1196 | −0.050% | $778K | $385K | 20x | |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1195 | −0.142% | $38K | $5K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1198 | +0.084% | $2.4M | $104K | 50x | as long as short |
| Bitget PUNDIXUSDTlong | +0.0100% | 4h | 0.1197 | long leg | $237K | $231K | 20x | |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1200 | +0.250% | $88 | $59K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Variational Omni PUNDIX