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

FUTU

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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: Bybit against Bitget+0.183%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2722.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.183%, 7d avg +0.029%
Together, before fees−0.077%−$8 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: Bybit is 0.154% dearer against Bitget than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FUTUUSDT114.560get 0.0000% / 8h6h 06m$494K$106K20x
ShortBybit FUTUUSDT114.770get 0.0000% / 8h6h 06m$136K$97K25x

Funding 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 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: +0.183% → +0.029%
$15.44
Slippage, 4 orders
−$248.98
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$256.53
Costs to cover
2.720%
Break-even
never at this rate
Slippage from Bitget: live order book, 54 min ago; Bybit: live order book, 43 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 Bitget live order book, 54 min ago1.31 bp23.2 bp −$2341.0 bp −$410doesn't fitdoesn't fit
Sell Bybit live order book, 43 min ago2.18 bp88.1 bp −$88doesn't fitdoesn't fitdoesn't fit

FUTU 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
Aster FUTUUSDT0.0000%8h115.19+0.546%$2K$4505xas long as short
Bybit FUTUUSDTshort0.0000%8h114.77+0.183%$136K$97K25x
Bitget FUTUUSDTlong0.0000%8h114.56long leg$494K$106K20x