Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02775 | +0.0100 | pay 0.0050% / 4h | 3h 58m | $446K | $434K | 25x | Long Bybit | |
| SHORT | 0.02770 | +0.0100 | get 0.0050% / 4h | 3h 58m | $234K | $70K | 25x | Short Bitget |
Price gap−0.198%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.107% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.
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−$11spread −0.198% now, avg −0.091% → −0.107% if it goes back
Costs−$2822.824% of $10k · taker + slippage, in and out
Result−$293−2.93%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−0.198%
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
1 ok · 4 to watch- Watch: Thin at this size117.1 / 50.2 bpAt $10k entering Bybit costs 117.1 bp, fee and slippage, 2.3× Bitget’s.
- Note: Margin at max leverage$400 + $400Bybit 25x, Bitget 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 Bybit: 6 payments, −$3.00; short Bitget: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.198% vs −0.091%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$234K vs $446K OIBitget sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Bitget YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0001%/8h × 21 periods−$0.30
Price spread−0.198% → −0.091% (7d avg)−$10.74
Slippage, 4 orderslive order books−$259.38
Fee Bybit bp × 2 orders−$11.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$293.42
Costs to cover2.824%Break-evennever at this rate
Slippage: Bybit: live order book, 38 min ago; Bitget: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit3.63117.1 bp−$117doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget7.2350.2 bp−$50228.9 bp−$2,289doesn’t fitdoesn’t fit
Closing costs about the same again.


HTX