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: Bitget against Bybit−0.175%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2162.163% 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)−0.172%−$17 · spread now −0.175%, 7d avg −0.031%
Together, before fees−0.172%−$17 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 0.144% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUTUUSDT114.590get 0.0000% / 8h5h 41m$136K$97K25x
ShortBitget FUTUUSDT114.390get 0.0000% / 8h5h 41m$493K$106K20x

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: −0.175% → −0.031%
−$14.37
Slippage, 4 orders
−$193.33
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$230.71
Costs to cover
2.163%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 15 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, 4 min ago3.05 bp89.6 bp −$90doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 15 min ago10.04 bp26.2 bp −$26151.0 bp −$1,510doesn'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%8h115.78+1.035%$2K$4505xas long as short
Bybit FUTUUSDTlong0.0000%8h114.59long leg$136K$97K25x
Bitget FUTUUSDTshort0.0000%8h114.39−0.175%$493K$106K20x