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: Bybit against Bitget−0.122%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.122%, 7d avg −0.115%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSDT | 0.04092 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.2M | $2.1M | 50x |
| Short | Bybit SUSDT | 0.04087 | 0.0100 | get 0.0050% / 4h | 1h 18m | $5.9M | $4.5M | 50x |
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: −0.122% → −0.115%
- −$0.76
- Slippage, 4 orders
- −$76.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.32
- Costs to cover
- 0.996%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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, 3 min ago | 7.30 bp | 27.6 bp −$28 | 92.5 bp −$925 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.66 bp | 28.6 bp −$29 | 82.7 bp −$827 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.1576% | 1h | 0.03950 | −3.470% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1678% | 1h | 0.04094 | +0.040% | $34K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −1.711% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04099 | +0.181% | $1K | — | 100x | as long as short |
| Variational Omni S | −0.0135% | 4h | 0.04099 | +0.165% | $636K | $31K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04097 | +0.121% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04100 | +0.189% | $3K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +0.196% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04098 | +0.147% | $102K | $332K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04102 | +0.244% | $172K | $157K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04099 | +0.181% | $1.0M | $554K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04098 | +0.155% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04093 | +0.024% | $5.7M | $13.7M | 75x | as long as short |
| Bybit SUSDTshort | +0.0100% | 4h | 0.04087 | −0.122% | $5.9M | $4.5M | 50x | |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04090 | −0.049% | $1.1M | $3.9M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04100 | +0.196% | $337K | $201K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04095 | +0.073% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04087 | −0.122% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDTlong | +0.0100% | 4h | 0.04092 | long leg | $1.2M | $2.1M | 50x | |
| BingX S-USDT | +0.0100% | 4h | 0.04090 | −0.049% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04110 | +0.440% | $25K | $449K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04089 | −0.081% | $231K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04096 | +0.098% | $285K | $104K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0726% | 1h | 0.04101 | +0.220% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1615% | 1h | 0.04110 | +0.440% | $121K | $373K | 5x | as long as short |
Bitget SUSDT
Bybit SUSDT
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP