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+0.0543%/8h= +59.4% APRpaid last 24h 0.000%
Price spread now: Bitget against edgeX−0.020%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1651.651% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 3 days (all we have)−0.179%−$18 · spread now −0.020%, 7d avg −0.134%
Together, before fees−0.101%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.114% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.134%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BITOUSDC11.633−0.0543get 0.0271% / 4h3h 14m$24K$269K10x
ShortBitget BITOUSDT11.6310get 0.0000% / 8h7h 14m$759K$742K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$113.98
Price spread: −0.020% → −0.134%
$11.45
Slippage, 4 orders
−$144.07
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$39.65
Costs to cover
1.651%
Break-even
9.4 days
Slippage from edgeX: live order book, 58 min ago; Bitget: live order book, 56 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 edgeX live order book, 58 min ago17.15 bp42.0 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 56 min ago13.74 bp41.5 bp −$4278.2 bp −$782doesn't fitdoesn't fit

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 BITOUSDClong−0.0543%4h11.633long leg$24K$269K10x
Bybit BITOUSDT0.0000%8h11.638+0.040%$37K$36K25xas long as short
Gate BITO_USDT0.0000%8h11.628−0.046%$29K$32K20xas long as short
Bitget BITOUSDTshort0.0000%8h11.631−0.020%$759K$742K20x
HTX BITO-USDT0.0000%8h11.640+0.058%$5K$283K10xas long as short
Binance BITOUSDT+0.0676%8h11.636+0.026%$260K$2.0M25xas long as short
MEXC BITO_USDT+0.0678%8h11.620−0.114%$122K$86K20xas long as short