Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

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 0.000%

Price spread now: Bybit against Bitget+0.073%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$990.995% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.145%−$15 · spread now +0.073%, 7d avg +0.006%

Together, before fees−0.139%−$14 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: Bybit is 0.067% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BEUSDT	274.70	0	get 0.0000% / 8h	5h 42m	$1.7M	$2.6M	20x
Short	Bybit BEUSDT	274.90	0	get 0.0000% / 8h	5h 42m	$2.0M	$1.1M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → +0.006%: $6.65
Slippage, 4 orders: −$76.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$92.84
Costs to cover: 0.995%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago	0.73 bp	15.6 bp −$16	43.6 bp −$436	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.46 bp	49.3 bp −$49	183.7 bp −$1,837	doesn't fit	doesn't fit

BE on 21 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
Aster BEUSDT	0.0000%	8h	274.56	−0.049%	$346K	$119K	20x	as long as short
Bybit BEUSDTshort	0.0000%	8h	274.90	+0.073%	$2.0M	$1.1M	25x
Gate BE_USDT	0.0000%	8h	274.70	0.000%	$1.5M	$3.3M	50x	as long as short
Bitget BEUSDTlong	0.0000%	8h	274.70	long leg	$1.7M	$2.6M	20x
GRVT BE_USDT_Perp	0.0000%	8h	274.85	+0.053%	$7K	$166K	10x	as long as short
SunX BE-USDT	0.0000%	8h	274.77	+0.025%	$959	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.79	+0.033%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	274.96	+0.095%	$1.3M	$2.9M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	273.08	−0.590%	$473K	$130K	10x	as long as short
Lighter BE	+0.0032%	1h	274.66	−0.015%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	274.77	+0.025%	$251K	$289K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.59	−0.040%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.90	+0.073%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.78	+0.029%	$5.9M	$2.8M	10x	as long as short
Extended BE-USD	+0.0072%	1h	274.92	+0.080%	$46K	$262K	10x	as long as short
Binance BEUSDT	+0.0074%	8h	274.99	+0.107%	$8.4M	$36.2M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.84	+0.051%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.86	+0.057%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0128%	8h	275.00	+0.109%	$2.6M	$6.7M	25x	as long as short
BloFin BE-USDT	+0.0194%	8h	275.03	+0.120%	$45K	$140K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0587%	1h	274.92	+0.080%	$7K	$4K	10x	as long as short