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: Bitget against Bybit+0.135%7-day average +0.353% · you sell dearer than you buy
Net, funding: paid 7d − costs−$383as in the Funding arb table
Net, price: spread back to 7d avg − costs−$386as in the Price arb table
costs, in and out, $10k−$3643.644% 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)+1.630%+$163 · spread now +0.135%, 7d avg +0.353%
Together, before fees+1.448%+$145 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 0.218% cheaper against Bybit than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.353%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BOTUSDT29.5300get 0.0000% / 8h5h 15m$513K$534K25x
ShortBitget BOTUSDT29.5700get 0.0000% / 8h5h 15m$248K$121K5x

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

Funding earned
$0
Price spread: +0.135% → +0.353%
−$21.8
Slippage, 4 orders
−$341.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$386.19
Costs to cover
3.644%
Break-even
never at this rate
Slippage from Bybit: live order book, 39 min ago; Bitget: live order book, 39 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 Bybit live order book, 39 min ago5.09 bp115.2 bp −$115221.3 bp −$2,213doesn't fitdoesn't fit
Sell Bitget live order book, 39 min ago16.93 bp58.2 bp −$58126.8 bp −$1,268doesn'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
KuCoin BOTUSDTM−0.1446%8h29.5300.000%$96K$281K20xas long as short
Binance BOTUSDT−0.1113%8h29.540+0.034%$455K$1.2M10xas long as short
Variational Omni BOT−0.1087%8h29.539+0.031%$31K$21Kas long as short
OKX BOT-USDT-SWAP−0.0794%8h29.560+0.102%$235K$226K20xas long as short
QFEX BOT-USD−0.0160%1h29.540+0.034%$1.1M$533K10xas long as short
Bybit BOTUSDTlong0.0000%8h29.530long leg$513K$534K25x
Gate BOT_USDT0.0000%8h29.560+0.102%$256K$241K20xas long as short
Bitget BOTUSDTshort0.0000%8h29.570+0.135%$248K$121K5x
Lighter BOT+0.0032%1h29.687+0.532%$68K$1K3xas long as short
Arcus BOT-USD+0.0040%1h29.500−0.102%$3K$9K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BOT-USDT+0.0100%8h29.556+0.088%$3K$34K10xas long as short
tradeXYZ xyz:BOT+0.0264%1h29.519−0.037%$3.1M$812K10xas long as short