Funding you earn now, next payment 16:00 UTC−0.0828%/8h= −90.7% APRnext payment −$8.28 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.092%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$306as in the Price arb table
costs, in and out, $10k−$3073.074% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.092%, 7d avg +0.079%
=The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$25 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.28 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GEVUSDT | 945.06 | 0.0828 | pay 0.0828% / 8h | 5h 30m | $331K | $121K | 25x |
| Short | Bitget GEVUSDT | 945.93 | 0 | get 0.0000% / 8h | 5h 30m | $508K | $96K | 20x |
Bybit GEVUSDT
Bitget GEVUSDTFunding 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
- −$173.97
- Price spread: +0.092% → +0.079%
- $1.35
- Slippage, 4 orders
- −$284.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$480.02
- Costs to cover
- 3.074%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Bitget: live order book, 8 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, 7 min ago | 8.36 bp | 81.1 bp −$81 | 216.6 bp −$2,166 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 8 min ago | 19.61 bp | 66.4 bp −$66 | 90.5 bp −$905 | doesn't fit | doesn't fit |
GEV on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GEV_USDT | 0.0000% | 8h | 947.20 | +0.226% | $296K | $18K | 20x | as long as short |
| Bitget GEVUSDTshort | 0.0000% | 8h | 945.93 | +0.092% | $508K | $96K | 20x | |
| HTX GEV-USDT | 0.0000% | 8h | 945.40 | +0.036% | $9K | $38K | 10x | as long as short |
| Lighter GEV | +0.0032% | 1h | 947.00 | +0.205% | $3K | $250 | 10x | as long as short |
| OKX GEV-USDT-SWAP | +0.0471% | 8h | 945.16 | +0.011% | $607K | $175K | 25x | as long as short |
| tradeXYZ xyz:GEV | +0.0770% | 1h | 944.72 | −0.036% | $592K | $115K | 10x | as long as short |
| Bybit GEVUSDTlong | +0.0828% | 8h | 945.06 | long leg | $331K | $121K | 25x | |
| Binance GEVUSDT | +0.1195% | 8h | 945.42 | +0.038% | $1.5M | $777K | 25x | as long as short |
Gate GEV_USDT
HTX GEV-USDT
Lighter GEV
OKX GEV-USDT-SWAP
tradeXYZ xyz:GEV
Binance GEVUSDT