Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against Bitget−0.388%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$422as in the Price arb table
costs, in and out, $10k−$3953.948% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.388%, 7d avg −0.118%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.270% cheaper against Bitget than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WETUSDT | 0.07472 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $616K | $158K | 25x |
| Short | Bybit WETUSDT | 0.07443 | 0.0100 | get 0.0050% / 4h | 1h 44m | $1.7M | $1.2M | 50x |
Bitget WETUSDT
Bybit WETUSDTFunding 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: −0.388% → −0.118%
- −$27.04
- Slippage, 4 orders
- −$371.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$421.81
- Costs to cover
- 3.948%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 16 min ago; Bybit: live order book, 2 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, 16 min ago | 6.83 bp | 66.3 bp −$66 | 546.1 bp −$5,461 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 7.30 bp | 128.6 bp −$129 | 579.9 bp −$5,799 | doesn't fit | doesn't fit |
WET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WETUSDTshort | +0.0100% | 4h | 0.07443 | −0.388% | $1.7M | $1.2M | 50x | |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.07449 | −0.308% | $893K | $2.4M | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.07491 | +0.254% | $1.1M | $72K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.07506 | +0.455% | $740K | $722K | 50x | as long as short |
| Bitget WETUSDTlong | +0.0100% | 4h | 0.07472 | long leg | $616K | $158K | 25x | |
| BloFin WET-USDT | +0.0133% | 4h | 0.07479 | +0.094% | $88K | $9K | 50x | as long as short |
| BingX WET-USDT | +0.0362% | 4h | 0.07459 | −0.174% | — | $6.6M | — | as long as short |
| MEXC WET_USDT | +0.0404% | 4h | 0.07467 | −0.067% | $224K | $141K | 50x | as long as short |
| Binance WETUSDT | +0.0405% | 4h | 0.07459 | −0.172% | $1.5M | $4.0M | 50x | as long as short |
| Aster WETUSDT | +0.1243% | 4h | 0.07491 | +0.252% | $15K | $34K | 5x | as long as short |
OKX WET-USDT-SWAP
Gate WET_USDT
KuCoin WETUSDTM
BloFin WET-USDT
BingX WET-USDT
MEXC WET_USDT
Binance WETUSDT
Aster WETUSDT