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: Bitget against Bybit−0.047%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.767% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.047%, 7d avg −0.006%

Together, before fees+0.097%+$10 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 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 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	Bybit BEUSDT	274.53	0	get 0.0000% / 8h	6h 05m	$2.0M	$1.1M	25x
Short	Bitget BEUSDT	274.40	0	get 0.0000% / 8h	6h 05m	$1.7M	$2.5M	20x

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

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → −0.006%: −$4.1
Slippage, 4 orders: −$53.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$80.76
Costs to cover: 0.767%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 2 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 Bybit live order book, 1 min ago	2.55 bp	16.4 bp −$16	306.7 bp −$3,067	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	1.82 bp	17.9 bp −$18	45.7 bp −$457	doesn't fit	doesn't fit

BE on 20 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	274.40	−0.047%	$345K	$119K	20x	as long as short
Bybit BEUSDTlong	0.0000%	8h	274.53	long leg	$2.0M	$1.1M	25x
Gate BE_USDT	0.0000%	8h	274.40	−0.047%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDTshort	0.0000%	8h	274.40	−0.047%	$1.7M	$2.5M	20x
GRVT BE_USDT_Perp	0.0000%	8h	274.08	−0.164%	$7K	$167K	10x	as long as short
SunX BE-USDT	0.0000%	8h	274.53	0.000%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.59	+0.022%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0026%	1h	274.35	−0.066%	$1.3M	$3.1M	10x	as long as short
Lighter BE	+0.0032%	1h	274.36	−0.062%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.45	−0.029%	$251K	$290K	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus BE-USD	+0.0040%	1h	274.18	−0.127%	$114K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.40	−0.047%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.32	−0.076%	$5.9M	$2.8M	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.45	−0.029%	$371K	$22K	20x	as long as short
Binance BEUSDT	+0.0100%	8h	274.48	−0.018%	$8.4M	$36.2M	25x	as long as short
Extended BE-USD	+0.0104%	1h	274.42	−0.041%	$47K	$262K	10x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.46	−0.027%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0112%	1h	273.08	−0.528%	$473K	$130K	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0114%	1h	274.49	−0.015%	$7K	$4K	10x	as long as short
OKX BE-USDT-SWAP	+0.0158%	8h	274.55	+0.007%	$2.6M	$6.7M	25x	as long as short