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

XEC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0916%/8h= +100.3% APRpaid last 24h 0.000%
Price spread now: Bitget against Bybit+0.265%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3373.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.604%+$60 · spread now +0.265%, 7d avg +0.131%
Together, before fees+0.604%+$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bitget is 0.134% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.131%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000XECUSDT0.000008693−0.0816get 0.0816% / 8h4h 55m$679K$773K20x
ShortBitget 1000XECUSDT0.0000087160.0100get 0.0050% / 4h55m 37s$1.1M$713K50x

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
$192.44
Price spread: +0.265% → +0.131%
$13.37
Slippage, 4 orders
−$313.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$130.85
Costs to cover
3.367%
Break-even
11.8 days
Slippage from Bybit: live order book, 60 min ago; Bitget: live order book, 1 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, 60 min ago3.45 bp161.7 bp −$162doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago12.04 bp22.2 bp −$22178.8 bp −$1,788doesn't fitdoesn't fit

XEC on 7 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
Bybit 1000XECUSDTlong−0.0816%8h0.000008693long leg$679K$773K20x
KuCoin XECUSDTM−0.0496%4h0.000008710+0.196%$182K$107K20xas long as short
Aster 1000XECUSDT−0.0339%4h0.000008719+0.297%$2K$39K5xas long as short
Extended kXEC-USD−0.0144%1h0.000008718+0.287%$3K5xas long as short
MEXC XEC_USDT−0.0142%4h0.000008722+0.334%$338K$105K20xas long as short
Binance 1000XECUSDT−0.0140%4h0.000008718+0.288%$1.7M$7.2M75xas long as short
Bitget 1000XECUSDTshort+0.0100%4h0.000008716+0.265%$1.1M$713K50x