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

GEV

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0423%/8h= −46.3% APRpaid last 24h −0.086%
Price spread now: Bybit against tradeXYZ+0.071%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1391.388% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.557%−$56 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.071%, 7d avg +0.047%
Together, before fees−0.572%+ Points / potential airdroptradeXYZ: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.024% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.047%): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GEV945.590.0423pay 0.0053% / 1h6m 45s$583K$150K10x
ShortBybit GEVUSDT946.260get 0.0000% / 8h3h 06m$314K$222K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against tradeXYZ. 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
−$88.73
Price spread: +0.071% → +0.047%
$2.38
Slippage, 4 orders
−$109.78
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$225.14
Costs to cover
1.388%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago2.74 bp29.8 bp −$3057.1 bp −$571doesn't fitdoesn't fit
Sell Bybit live order book, 43 min ago8.84 bp43.3 bp −$43201.7 bp −$2,017doesn'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%8h946.26+0.071%$314K$222K25x
OKX GEV-USDT-SWAP0.0000%8h947.07+0.157%$608K$186K25xas long as short
Gate GEV_USDT0.0000%8h948.50+0.308%$294K$19K20xas long as short
Bitget GEVUSDT0.0000%8h949.99+0.465%$492K$91K20xas long as short
HTX GEV-USDT0.0000%8h949.47+0.410%$9K$38K10xas long as short
Lighter GEV+0.0032%1h947.30+0.181%$3K$75010xas long as short
Binance GEVUSDT+0.0240%8h946.83+0.131%$1.5M$704K25xas long as short
tradeXYZ xyz:GEVlong+0.0423%1h945.59long leg$583K$150K10x