Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.119%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2812.806% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.119%, 7d avg −0.090%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USTCUSDT | 0.005860 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $221K | $106K | 50x |
| Short | Bybit USTCUSDT | 0.005853 | 0.0100 | get 0.0050% / 4h | 3h 33m | $378K | $238K | 20x |
Bitget USTCUSDT
Bybit USTCUSDTFunding 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: −0.119% → −0.090%
- −$2.99
- Slippage, 4 orders
- −$257.59
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$283.57
- Costs to cover
- 2.806%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 11 min ago; Bybit: live order book, 11 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, 11 min ago | 6.81 bp | 28.9 bp −$29 | 178.6 bp −$1,786 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 4.26 bp | 92.0 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
USTC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance USTCUSDT | +0.0100% | 4h | 0.005847 | −0.222% | $1.2M | $2.3M | 50x | as long as short |
| Bybit USTCUSDTshort | +0.0100% | 4h | 0.005853 | −0.119% | $378K | $238K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005856 | −0.068% | $69K | $64K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005847 | −0.222% | $581K | $157K | 100x | as long as short |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005833 | −0.458% | $507K | $64K | 30x | as long as short |
| Bitget USTCUSDTlong | +0.0100% | 4h | 0.005860 | long leg | $221K | $106K | 50x | |
| Variational Omni USTC | +0.0100% | 4h | 0.005854 | −0.094% | $3K | $2K | — | as long as short |
Binance USTCUSDT
Gate USTC_USDT
MEXC USTC_USDT
KuCoin USTCUSDTM
Variational Omni USTC