Funding you earn now, next payment 04:00 UTC−0.8094%/8h= −886.2% APRnext payment −$40.47 per $10,000 · paid last 24h +0.279%
Price spread now: Bitget against Bybit+0.082%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
Funding, last 7 days+0.394%+$39 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now +0.082%, 7d avg −0.133%
=The price spread pays, funding is against you. Bitget is 0.215% dearer against Bybit than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.133%): +$22 on $10k if it goes back. Holding the pair costs −$243 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.394%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.394% in total (about 20.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$40.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIRENUSDT | 0.02439 | 0.9112 | pay 0.4556% / 4h | 1h 42m | $1.9M | $2.4M | 5x |
| Short | Bitget SIRENUSDT | 0.02441 | 0.1018 | get 0.0509% / 4h | 1h 42m | $2.8M | $1.3M | 10x |
Bybit SIRENUSDT
Bitget SIRENUSDTFunding 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
- −$1,699.64
- Price spread: +0.082% → −0.133%
- $21.51
- Slippage, 4 orders
- −$94.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,795.69
- Costs to cover
- 1.176%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 4.11 bp | 33.8 bp −$34 | 153.1 bp −$1,531 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 10.27 bp | 27.2 bp −$27 | 428.3 bp −$4,283 | doesn't fit | doesn't fit |
SIREN 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02423 | −0.656% | $2K | $1.0M | 20x | as long as short |
| Bitget SIRENUSDTshort | +0.1018% | 4h | 0.02441 | +0.082% | $2.8M | $1.3M | 10x | |
| KuCoin SIRENUSDTM | +0.1726% | 4h | 0.02429 | −0.410% | $992K | $390K | 10x | as long as short |
| Aster SIRENUSDT | +0.2117% | 4h | 0.02424 | −0.625% | $213K | $82K | 5x | as long as short |
| Binance SIRENUSDT | +0.2120% | 4h | 0.02425 | −0.593% | $8.4M | $3.3M | 10x | as long as short |
| MEXC SIREN_USDT | +0.2128% | 4h | 0.02424 | −0.615% | $697K | $128K | 100x | as long as short |
| BingX SIREN-USDT | +0.2166% | 4h | 0.02425 | −0.574% | — | $2.3M | — | as long as short |
| Gate SIREN_USDT | +0.2492% | 4h | 0.02419 | −0.820% | $581K | $188K | 10x | as long as short |
| Bybit SIRENUSDTlong | +0.9112% | 4h | 0.02439 | long leg | $1.9M | $2.4M | 5x |
SunX SIREN-USDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
Gate SIREN_USDT