Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.076%
Price spread now: Bitget against Bybit+0.148%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2572.573% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.403%−$40 · spread now +0.148%, 7d avg −0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.258% dearer against Bybit than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SONICUSDT | 0.02708 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $1.0M | $1.3M | 25x |
| Short | Bitget SONICUSDT | 0.02712 | 0.0100 | get 0.0050% / 4h | 2h 39m | $440K | $550K | 10x |
Bybit SONICUSDT
Bitget SONICUSDTFunding 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: +0.148% → −0.110%
- $25.77
- Slippage, 4 orders
- −$234.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$231.53
- Costs to cover
- 2.573%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 3.69 bp | 70.0 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 9.21 bp | 51.6 bp −$52 | 520.4 bp −$5,204 | doesn't fit | doesn't fit |
SONIC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SONICUSDTlong | +0.0100% | 4h | 0.02708 | long leg | $1.0M | $1.3M | 25x | |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02709 | +0.037% | $133K | $108K | 25x | as long as short |
| KuCoin SONICUSDTM | +0.0100% | 4h | 0.02714 | +0.222% | $503K | $25K | 10x | as long as short |
| Bitget SONICUSDTshort | +0.0100% | 4h | 0.02712 | +0.148% | $440K | $550K | 10x | |
| Variational Omni SONIC | +0.0100% | 4h | 0.02718 | +0.372% | $3K | $2K | — | as long as short |
| Binance SONICUSDT | +0.0121% | 4h | 0.02710 | +0.092% | $1.4M | $2.8M | 10x | as long as short |
| MEXC SONIC_USDT | +0.0130% | 4h | 0.02708 | 0.000% | $887K | $140K | 50x | as long as short |
| BloFin SONIC-USDT | +0.0160% | 4h | 0.02720 | +0.443% | $129K | $4K | 10x | as long as short |
Gate SONIC_USDT
KuCoin SONICUSDTM
Variational Omni SONIC
Binance SONICUSDT
MEXC SONIC_USDT
BloFin SONIC-USDT