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

VANA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against Bybit+0.027%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.136%+$14 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.027%, 7d avg −0.010%
Together, before fees+0.046%+$5 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 0.037% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit VANAUSDT1.11870.0100pay 0.0050% / 4h35m 35s$1.2M$859K25x
ShortBitget VANAUSDT1.11900.0100get 0.0050% / 4h35m 35s$438K$265K50x

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: +0.027% → −0.010%
$3.67
Slippage, 4 orders
−$83.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$102.57
Costs to cover
1.062%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 35 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 ago3.13 bp31.2 bp −$31179.4 bp −$1,794doesn't fitdoesn't fit
Sell Bitget live order book, 35 min ago4.49 bp25.1 bp −$2587.6 bp −$876doesn't fitdoesn't fit

VANA on 10 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
Aster VANAUSDT+0.0100%4h1.1202+0.133%$5K$38K5xas long as short
Binance VANAUSDT+0.0100%4h1.1191+0.037%$2.1M$3.2M50xas long as short
Bybit VANAUSDTlong+0.0100%4h1.1187long leg$1.2M$859K25x
OKX VANA-USDT-SWAP+0.0100%4h1.1206+0.170%$174K$405K20xas long as short
Gate VANA_USDT+0.0100%4h1.1190+0.027%$129K$406K50xas long as short
MEXC VANA_USDT+0.0100%4h1.1190+0.027%$232K$113K20xas long as short
KuCoin VANAUSDTM+0.0100%4h1.1180−0.063%$268K$34K30xas long as short
Bitget VANAUSDTshort+0.0100%4h1.1190+0.027%$438K$265K50x
BingX VANA-USDT+0.0100%4h1.1194+0.063%$6.5Mas long as short
BloFin VANA-USDT+0.0123%4h1.1191+0.036%$100K$9K50xas long as short