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

GEV

RWAall GEV markets
SwapBacktest
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−0.253%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2672.670% 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)+0.292%+$29 · spread now −0.253%, 7d avg −0.076%
Together, before fees+0.292%+$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: Bybit is 0.178% cheaper against Bitget than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GEVUSDT947.070get 0.0000% / 8h2h 37m$490K$91K20x
ShortBybit GEVUSDT944.670get 0.0000% / 8h2h 37m$313K$216K25x

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: −0.253% → −0.076%
−$17.79
Slippage, 4 orders
−$243.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$284.75
Costs to cover
2.670%
Break-even
never at this rate
Slippage from Bitget: live order book, 7 min ago; Bybit: live order book, 7 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, 7 min ago8.87 bp56.5 bp −$5676.2 bp −$762doesn't fitdoesn't fit
Sell Bybit live order book, 7 min ago3.91 bp59.5 bp −$59215.1 bp −$2,151doesn't fitdoesn't fit

GEV on 8 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 GEVUSDTshort0.0000%8h944.67−0.253%$313K$216K25x
OKX GEV-USDT-SWAP0.0000%8h944.88−0.231%$606K$187K25xas long as short
Gate GEV_USDT0.0000%8h947.40+0.035%$293K$17K20xas long as short
Bitget GEVUSDTlong0.0000%8h947.07long leg$490K$91K20x
HTX GEV-USDT0.0000%8h945.46−0.170%$9K$38K10xas long as short
Lighter GEV+0.0032%1h946.10−0.102%$3K$75010xas long as short
Binance GEVUSDT+0.0170%8h945.51−0.165%$1.5M$702K25xas long as short
tradeXYZ xyz:GEV+0.0391%1h944.73−0.247%$582K$148K10xas long as short