Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02770 | +0.0100 | pay 0.0050% / 4h | 8m 18s | $234K | $70K | 25x | Long Bitget | |
| SHORT | 0.02775 | +0.0100 | get 0.0050% / 4h | 8m 18s | $447K | $434K | 25x | Short Bybit |
Price gap+0.181%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$9 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid +0.003% over the last 7D
Price+$9spread +0.181% now, avg +0.091% → +0.090% if it goes back
Costs−$2822.824% of $10k · taker + slippage, in and out
Result−$273−2.73%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.181%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hZKC on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size43.7 / 71.3 bpAt $10k entering Bybit costs 71.3 bp, fee and slippage, 1.6× Bitget’s.
- Note: Margin at max leverage$400 + $400Bitget 25x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you+0.181% vs +0.091%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$234K vs $447K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Bybit YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0001%/8h × 21 periods+$0.30
Price spread+0.181% → +0.091% (7d avg)+$8.97
Slippage, 4 orderslive order books−$259.38
Fee Bitget bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$273.11
Costs to cover2.824%Break-even6379.5 days
Slippage: Bitget: live order book, 10 min ago; Bybit: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget7.2343.7 bp−$44334.5 bp−$3,345doesn’t fitdoesn’t fit
SELL · SHORTBybit3.6371.3 bp−$71doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
HTX