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

ANET

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.149%
Price spread now: Bitget against Bybit−0.097%7-day average −0.242% · you buy dearer than you sell
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4824.815% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 4 days (all we have)−0.226%−$23 · spread now −0.097%, 7d avg −0.242%
Together, before fees−0.368%−$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.145% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.242%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ANETUSDT205.140get 0.0000% / 8h2h 15m$78K$213K25x
ShortBitget ANETUSDT204.940get 0.0000% / 8h2h 15m$81K$114K20x

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
$0
Price spread: −0.097% → −0.242%
$14.49
Slippage, 4 orders
−$458.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$467.02
Costs to cover
4.815%
Break-even
never at this rate
Slippage from Bybit: live order book, 14 min ago; Bitget: live order book, 23 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, 14 min ago4.63 bp190.7 bp −$191doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 23 min ago20.67 bp69.8 bp −$7088.6 bp −$886doesn't fitdoesn't fit

ANET 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
Binance ANETUSDT0.0000%8h205.21+0.036%$131K$408K20xas long as short
Bybit ANETUSDTlong0.0000%8h205.14long leg$78K$213K25x
Gate ANET_USDT0.0000%8h205.26+0.058%$169K$7K20xas long as short
Bitget ANETUSDTshort0.0000%8h204.94−0.097%$81K$114K20x
Phemex ANETUSDT0.0000%8h205.23+0.044%$22K$33K10xas long as short
Injective ANET/USDC PERP+0.0033%1h199.61−2.696%$2K$32K12xas long as short
HTX ANET-USDT+0.0100%8h205.73+0.288%$3K$41K20xas long as short