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

BITO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h 0.000%
Price spread now: edgeX against Bybit+0.027%101s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. edgeX is 0.027% dearer against Bybit than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BITOUSDT11.6200get 0.0000% / 8h7h 05m$36K$36K25x
ShortedgeX BITOUSDC11.623−0.0043pay 0.0022% / 4h3h 05m$24K$268K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$9.06
Price spread: +0.027% → 0.000%
$2.66
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$26.4
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bybit: no order-book sample; edgeX: live order book, 2 min ago. Net counts fees only.

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 no order-book sample
Sell edgeX live order book, 2 min ago12.91 bp38.5 bp −$39doesn't fitdoesn't fitdoesn't fit
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BITO 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
edgeX BITOUSDCshort−0.0043%4h11.623+0.027%$24K$268K10x
Bybit BITOUSDTlong0.0000%8h11.620long leg$36K$36K25x
Gate BITO_USDT0.0000%8h11.605−0.129%$29K$32K20xas long as short
Bitget BITOUSDT0.0000%8h11.6200.000%$759K$742K20xas long as short
HTX BITO-USDT0.0000%8h11.610−0.086%$5K$283K10xas long as short
Binance BITOUSDT+0.0625%8h11.607−0.108%$260K$2.0M25xas long as short
MEXC BITO_USDT+0.0632%8h11.600−0.172%$122K$87K20xas long as short