Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Bybit−0.052%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2572.567% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.052%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.046% 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 −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REDUSDT | 0.1551 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $2.1M | $1.8M | 25x |
| Short | Bitget REDUSDT | 0.1550 | 0.0100 | get 0.0050% / 4h | 2h 33m | $733K | $317K | 20x |
Bybit REDUSDT
Bitget REDUSDTFunding 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 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: −0.052% → −0.006%
- −$4.59
- Slippage, 4 orders
- −$233.73
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$261.32
- Costs to cover
- 2.567%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 32 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 Bybit live order book, 3 min ago | 5.80 bp | 154.6 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 32 min ago | 9.63 bp | 26.5 bp −$27 | 98.5 bp −$985 | doesn't fit | doesn't fit |
RED on 9 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 | 0.1549 | −0.115% | $28K | $40K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1550 | −0.052% | $2.4M | $4.0M | 50x | as long as short |
| Bybit REDUSDTlong | +0.0100% | 4h | 0.1551 | long leg | $2.1M | $1.8M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1551 | +0.013% | $357K | $98K | 25x | as long as short |
| Bitget REDUSDTshort | +0.0100% | 4h | 0.1550 | −0.052% | $733K | $317K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1551 | +0.007% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1589 | +2.463% | $2K | $733K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1549 | −0.128% | $31 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0386% | 4h | 0.1549 | −0.116% | $527K | $176K | 20x | as long as short |
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT