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−0.240%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4444.440% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.240%, 7d avg −0.151%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.089% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.151%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VELODROMEUSDT | 0.02997 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $530K | $24K | 20x |
| Short | Bybit VELODROMEUSDT | 0.02989 | 0.0100 | get 0.0050% / 4h | 3h 12m | $804K | $330K | 20x |
Bitget VELODROMEUSDT
Bybit VELODROMEUSDTFunding 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: −0.240% → −0.151%
- −$8.9
- Slippage, 4 orders
- −$421.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$452.92
- Costs to cover
- 4.440%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 38 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, 38 min ago | 14.67 bp | 69.6 bp −$70 | 586.2 bp −$5,862 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 38 min ago | 4.34 bp | 153.7 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
VELODROME 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 VELODROMEUSDT | +0.0100% | 4h | 0.02994 | −0.087% | $7.7M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDTshort | +0.0100% | 4h | 0.02989 | −0.240% | $804K | $330K | 20x | |
| Gate VELODROME_USDT | +0.0100% | 4h | 0.03003 | +0.214% | $126K | $7K | 20x | as long as short |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02993 | −0.120% | $241K | $92K | 50x | as long as short |
| Bitget VELODROMEUSDTlong | +0.0100% | 4h | 0.02997 | long leg | $530K | $24K | 20x | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03000 | +0.129% | $79K | $3K | — | as long as short |
| BingX VELODROME-USDT | +0.0112% | 4h | 0.02993 | −0.120% | — | $1.3M | — | as long as short |
Binance VELODROMEUSDT
Gate VELODROME_USDT
MEXC VELODROME_USDT
Variational Omni VELODROME
BingX VELODROME-USDT