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

SATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against Bitget+0.122%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1841.841% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.230%+$23 on $10k
Price spread, last 4 days (all we have)+0.177%+$18 · spread now +0.122%, 7d avg −0.066%
Together, before fees+0.407%+$41 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: Bybit is 0.189% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000SATSUSDT0.000000012260.0100pay 0.0050% / 4h1h 44m$718K$238K25x
ShortBybit 10000SATSUSDT0.000000012280.0100get 0.0050% / 4h1h 44m$284K$875K13x

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 it
latest
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% → −0.066%
$18.88
Slippage, 4 orders
−$161.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$165.18
Costs to cover
1.841%
Break-even
never at this rate
Slippage from Bitget: live order book, 16 min ago; Bybit: live order book, 16 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 Bitget live order book, 16 min ago4.07 bp34.4 bp −$34404.4 bp −$4,044doesn't fitdoesn't fit
Sell Bybit live order book, 16 min ago5.69 bp62.5 bp −$62doesn't fitdoesn't fitdoesn't fit

SATS on 8 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
Binance 1000SATSUSDT+0.0100%4h0.000000012260.000%$2.1M$5.3M25xas long as short
Bybit 10000SATSUSDTshort+0.0100%4h0.00000001228+0.122%$284K$875K13x
OKX SATS-USDT-SWAP+0.0100%8h0.00000001226+0.008%$819K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.00000001224−0.163%$359K$244K25xas long as short
MEXC SATS_USDT+0.0100%8h0.00000001227+0.082%$374K$183K100xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001225−0.082%$201K$87K10xas long as short
Bitget 1000SATSUSDTlong+0.0100%4h0.00000001226long leg$718K$238K25x
BingX 10000SATS-USDT+0.0100%4h0.00000001225−0.082%$90.3Mas long as short