Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.017%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$527as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5285.284% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.182%+$18 · spread now +0.017%, 7d avg +0.093%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.076% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.093%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USTCUSDT | 0.005838 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $365K | $241K | 20x |
| Short | Bitget USTCUSDT | 0.005839 | 0.0100 | get 0.0050% / 4h | 2h 33m | $220K | $130K | 50x |
Bybit USTCUSDT
Bitget USTCUSDTFunding 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: +0.017% → +0.093%
- −$7.58
- Slippage, 4 orders
- −$505.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$535.99
- Costs to cover
- 5.284%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; Bitget: live order book, 26 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, 26 min ago | 9.40 bp | 336.2 bp −$336 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 5.12 bp | 49.0 bp −$49 | 214.7 bp −$2,147 | 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 | 0.005830 | −0.137% | $1.2M | $2.6M | 50x | as long as short |
| Bybit USTCUSDTlong | +0.0100% | 4h | 0.005838 | long leg | $365K | $241K | 20x | |
| Gate USTC_USDT | +0.0100% | 4h | 0.005838 | 0.000% | $69K | $75K | 25x | as long as short |
| MEXC USTC_USDT | +0.0100% | 4h | 0.005839 | +0.017% | $566K | $161K | 100x | as long as short |
| KuCoin USTCUSDTM | +0.0100% | 4h | 0.005825 | −0.223% | $506K | $69K | 30x | as long as short |
| Bitget USTCUSDTshort | +0.0100% | 4h | 0.005839 | +0.017% | $220K | $130K | 50x | |
| Variational Omni USTC | +0.0100% | 4h | 0.005848 | +0.173% | $3K | $2K | — | as long as short |
Binance USTCUSDT
Gate USTC_USDT
MEXC USTC_USDT
KuCoin USTCUSDTM
Variational Omni USTC