Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.060%
Price spread now: Bybit against Bitget−0.044%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$416as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3723.718% of the position
Funding, last 7 days−0.441%−$44 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.044%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.042% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FLYUSDT | 22.840 | 0 | get 0.0000% / 8h | 2h 38m | $216K | $546K | 20x |
| Short | Bybit FLYUSDT | 22.830 | 0 | get 0.0000% / 8h | 2h 38m | $120K | $216K | 25x |
Bitget FLYUSDT
Bybit FLYUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.044% → −0.002%
- −$4.18
- Slippage, 4 orders
- −$348.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$375.95
- Costs to cover
- 3.718%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; Bybit: live order book, 44 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 46 min ago | 4.37 bp | 52.0 bp −$52 | 76.8 bp −$768 | 188.9 bp −$18.9K | doesn't fit |
| Sell Bybit live order book, 44 min ago | 13.11 bp | 130.1 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
FLY on 3 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FLYUSDTshort | 0.0000% | 8h | 22.830 | −0.044% | $120K | $216K | 25x | |
| OKX FLY-USDT-SWAP | 0.0000% | 8h | 22.910 | +0.306% | $34K | $239K | 20x | as long as short |
| Bitget FLYUSDTlong | 0.0000% | 8h | 22.840 | long leg | $216K | $546K | 20x |
OKX FLY-USDT-SWAP