Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Bitget−0.007%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1801.802% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.007%, 7d avg +0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget REDUSDT | 0.1515 | 0.0100 | pay 0.0050% / 4h | 37m 24s | $723K | $293K | 20x |
| Short | Bybit REDUSDT | 0.1515 | 0.0100 | get 0.0050% / 4h | 37m 24s | $2.2M | $1.7M | 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
- $0
- Price spread: −0.007% → +0.007%
- −$1.37
- Slippage, 4 orders
- −$157.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$181.56
- Costs to cover
- 1.802%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 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, 38 min ago | 13.27 bp | 26.6 bp −$27 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.29 bp | 57.9 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1516 | +0.075% | $26K | $38K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1515 | 0.000% | $2.4M | $3.8M | 50x | as long as short |
| Bybit REDUSDTshort | +0.0100% | 4h | 0.1515 | −0.007% | $2.2M | $1.7M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1516 | +0.066% | $349K | $151K | 25x | as long as short |
| Bitget REDUSDTlong | +0.0100% | 4h | 0.1515 | long leg | $723K | $293K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1516 | +0.083% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1550 | +2.310% | $1K | $668K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1514 | −0.051% | $30 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0139% | 4h | 0.1516 | +0.040% | $225K | $5K | 25x | as long as short |
| MEXC RED_USDT | +0.0386% | 4h | 0.1515 | 0.000% | $562K | $174K | 20x | as long as short |
Bitget REDUSDT
Bybit REDUSDT
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT
MEXC RED_USDT