Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.197%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$3343.337% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.197%, 7d avg +0.099%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.098% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAREUSDT | 0.01322 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $234K | $71K | 20x |
| Short | Bybit RAREUSDT | 0.01325 | 0.0117 | get 0.0058% / 4h | 2h 00m | $309K | $87K | 25x |
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
- $3.53
- Price spread: +0.197% → +0.099%
- $9.77
- Slippage, 4 orders
- −$310.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$320.35
- Costs to cover
- 3.337%
- Break-even
- 641.9 days
Slippage from Bitget: live order book, 40 min ago; Bybit: live order book, 39 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, 40 min ago | 7.62 bp | 45.2 bp −$45 | 500.7 bp −$5,007 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 39 min ago | 6.08 bp | 117.4 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RARE-USDT | +0.0065% | 4h | 0.01323 | +0.076% | $105K | $12K | 25x | as long as short |
| BingX RARE-USDT | +0.0070% | 4h | 0.01322 | 0.000% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01322 | +0.015% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01323 | +0.069% | $1.6M | $1.1M | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01322 | 0.000% | $49K | $28K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01322 | 0.000% | $623K | $171K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01326 | +0.303% | $203K | $71K | 30x | as long as short |
| Bitget RAREUSDTlong | +0.0100% | 4h | 0.01322 | long leg | $234K | $71K | 20x | |
| Variational Omni RARE | +0.0100% | 4h | 0.01325 | +0.239% | $1K | $2K | — | as long as short |
| Bybit RAREUSDTshort | +0.0117% | 4h | 0.01325 | +0.197% | $309K | $87K | 25x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.2348% | 1h | 0.01335 | +1.007% | $3K | $2K | 10x | as long as short |
Bitget RAREUSDT
Bybit RAREUSDT
BloFin RARE-USDT
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Variational Omni RARE
Kraken Futures PF_RAREUSD