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

STONK

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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 −0.021%
Price spread now: Bitget against Bybit−0.115%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2112.111% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.406%−$41 on $10k
Price spread, last 4 days (all we have)+0.717%+$72 · spread now −0.115%, 7d avg +0.051%
Together, before fees+0.311%+$31 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: Bitget is 0.166% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STONKUSDT0.37250.0100pay 0.0050% / 4h2h 07m$1.7M$6.8M5x
ShortBitget STONKUSDT0.37210.0100get 0.0050% / 4h2h 07m$375K$2.5M10x

Funding 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 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: −0.115% → +0.051%
−$16.62
Slippage, 4 orders
−$188.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$227.71
Costs to cover
2.111%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 4 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 Bybit live order book, 5 min ago5.39 bp57.2 bp −$57266.0 bp −$2,660doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago10.36 bp46.5 bp −$47doesn't fitdoesn't fitdoesn't fit

STONK 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
Gate STONK_USDT−0.0058%4h0.3729+0.105%$919K$1.8M10xas long as short
Bybit STONKUSDTlong+0.0100%4h0.3725long leg$1.7M$6.8M5x
MEXC STONK_USDT+0.0100%4h0.3723−0.051%$874K$1.1M20xas long as short
Bitget STONKUSDTshort+0.0100%4h0.3721−0.115%$375K$2.5M10x
BingX STONK-USDT+0.0172%4h0.3727+0.054%$921Kas long as short
Aster STONKUSDT+0.1312%1h0.3724−0.030%$510K$1.1M10xas long as short
Phoenix STONK+0.1557%1h0.3706−0.513%$210K$249K3xas long as short
Lighter STONK+0.4064%1h0.3723−0.056%$444K$586K5xas long as short