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

CONL

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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 0.000%
Price spread now: Bitget against Bybit+0.404%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$416as in the Price arb table
costs, in and out, $10k−$4554.549% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.180%+$18 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.404%, 7d avg +0.019%
Together, before fees+0.001%$0 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 0.385% dearer against Bybit than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CONLUSDT6.68000get 0.0000% / 8h7h 11m$157K$283K25x
ShortBitget CONLUSDT6.70700get 0.0000% / 8h7h 11m$256K$205K20x

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: +0.404% → +0.019%
$38.51
Slippage, 4 orders
−$431.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$416.39
Costs to cover
4.549%
Break-even
never at this rate
Slippage from Bybit: live order book, 44 min ago; Bitget: live order book, 53 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, 44 min ago14.86 bp208.2 bp −$2081475.0 bp −$14.8Kdoesn't fitdoesn't fit
Sell Bitget live order book, 53 min ago19.24 bp25.2 bp −$2550.3 bp −$503doesn't fitdoesn't fit

CONL on 4 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
Bybit CONLUSDTlong0.0000%8h6.6800long leg$157K$283K25x
Gate CONL_USDT0.0000%8h6.7170+0.554%$3K$6K20xas long as short
Bitget CONLUSDTshort0.0000%8h6.7070+0.404%$256K$205K20x
HTX CONL-USDT0.0000%8h6.6670−0.195%$1K$45K20xas long as short