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

FLY

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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 +0.060%
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.290%+$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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLYUSDT22.9700get 0.0000% / 8h4h 01m$105K$217K25x
ShortBitget FLYUSDT22.9300get 0.0000% / 8h4h 01m$213K$589K20x

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: −0.174% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 39 min ago2.18 bp126.4 bp −$1263546.3 bp −$35.5Kdoesn't fitdoesn't fit
Sell Bitget live order book, 54 min ago6.54 bp44.8 bp −$4565.9 bp −$659277.6 bp −$27.8Kdoesn't fit

FLY on 3 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 FLYUSDTlong0.0000%8h22.970long leg$105K$217K25x
OKX FLY-USDT-SWAP0.0000%8h22.960−0.044%$35K$235K20xas long as short
Bitget FLYUSDTshort0.0000%8h22.930−0.174%$213K$589K20x