Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.060%
Price spread now: Bitget against Bybit−0.174%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$397as in the Price arb table
costs, in and out, $10k−$3813.807% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.174%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.168% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FLYUSDT | 22.970 | 0 | get 0.0000% / 8h | 4h 01m | $105K | $217K | 25x |
| Short | Bitget FLYUSDT | 22.930 | 0 | get 0.0000% / 8h | 4h 01m | $213K | $589K | 20x |
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 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: −0.174% → −0.006%
- −$16.84
- Slippage, 4 orders
- −$357.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$397.49
- Costs to cover
- 3.807%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 39 min ago; Bitget: live order book, 54 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 Bybit live order book, 39 min ago | 2.18 bp | 126.4 bp −$126 | 3546.3 bp −$35.5K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 6.54 bp | 44.8 bp −$45 | 65.9 bp −$659 | 277.6 bp −$27.8K | 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 FLYUSDTlong | 0.0000% | 8h | 22.970 | long leg | $105K | $217K | 25x | |
| OKX FLY-USDT-SWAP | 0.0000% | 8h | 22.960 | −0.044% | $35K | $235K | 20x | as long as short |
| Bitget FLYUSDTshort | 0.0000% | 8h | 22.930 | −0.174% | $213K | $589K | 20x |
Bybit FLYUSDT
Bitget FLYUSDT
OKX FLY-USDT-SWAP