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

RARE

all RARE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.295%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$367as in the Price arb table
costs, in and out, $10k−$3483.475% 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)+0.183%+$18 · spread now −0.295%, 7d avg −0.101%
Together, before fees+0.183%+$18 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 0.194% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit RAREUSDT0.013230.0100pay 0.0050% / 4h1m 46s$310K$90K25x
ShortBitget RAREUSDT0.013190.0100get 0.0050% / 4h1m 46s$231K$76K20x

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
−$0.1
Price spread: −0.295% → −0.101%
−$19.42
Slippage, 4 orders
−$324.54
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$367.06
Costs to cover
3.475%
Break-even
never at this rate
Slippage from Bybit: live order book, 28 min ago; Bitget: live order book, 28 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, 28 min ago5.67 bp138.8 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 28 min ago3.79 bp28.6 bp −$29308.8 bp −$3,088doesn't fitdoesn't fit

RARE 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
BloFin RARE-USDT+0.0068%4h0.01320−0.219%$105K$12K25xas long as short
BingX RARE-USDT+0.0070%4h0.01322−0.068%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01321−0.154%$8K$3K5xas long as short
Binance RAREUSDT+0.0100%4h0.01321−0.176%$1.6M$1.1M25xas long as short
Gate RARE_USDT+0.0100%4h0.01320−0.219%$49K$27K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01320−0.219%$636K$178K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01321−0.144%$202K$69K30xas long as short
Bitget RAREUSDTshort+0.0100%4h0.01319−0.295%$231K$76K20x
Variational Omni RARE+0.0100%4h0.01324+0.089%$1K$923as long as short
Bybit RAREUSDTlong+0.0100%4h0.01323long leg$310K$90K25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSD+1.1845%1h0.01333+0.798%$3K$2K10xas long as short