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

BOT

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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 −0.073%
Price spread now: Bybit against Bitget−0.272%7-day average −0.351% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3483.476% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 4 days (all we have)−0.471%−$47 · spread now −0.272%, 7d avg −0.351%
Together, before fees−0.289%−$29 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 0.079% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.351%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BOTUSDT29.4200get 0.0000% / 8h3h 13m$246K$120K5x
ShortBybit BOTUSDT29.3400get 0.0000% / 8h3h 13m$508K$554K25x

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

Funding earned
$0
Price spread: −0.272% → −0.351%
$7.89
Slippage, 4 orders
−$324.6
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$339.71
Costs to cover
3.476%
Break-even
never at this rate
Slippage from Bitget: live order book, 31 min ago; Bybit: live order book, 32 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 Bitget live order book, 31 min ago18.68 bp56.1 bp −$5667.8 bp −$678doesn't fitdoesn't fit
Sell Bybit live order book, 32 min ago5.11 bp134.8 bp −$135231.8 bp −$2,318doesn't fitdoesn't fit

BOT on 12 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
tradeXYZ xyz:BOT−0.1565%1h29.354−0.224%$3.1M$771K10xas long as short
OKX BOT-USDT-SWAP−0.1023%8h29.360−0.204%$234K$213K20xas long as short
KuCoin BOTUSDTM−0.0992%8h29.340−0.272%$94K$300K20xas long as short
Binance BOTUSDT−0.0739%8h29.350−0.238%$450K$1.2M10xas long as short
Variational Omni BOT−0.0663%8h29.345−0.255%$31K$14Kas long as short
QFEX BOT-USD−0.0080%1h29.350−0.238%$1.2M$505K10xas long as short
Bybit BOTUSDTshort0.0000%8h29.340−0.272%$508K$554K25x
Gate BOT_USDT0.0000%8h29.370−0.170%$254K$235K20xas long as short
Bitget BOTUSDTlong0.0000%8h29.420long leg$246K$120K5x
Lighter BOT+0.0032%1h29.519+0.337%$68K$1K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD+0.0040%1h29.310−0.374%$3K$9K5xas long as short
HTX BOT-USDT+0.0100%8h29.377−0.146%$3K$34K10xas long as short