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−0.076%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3043.041% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.076%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.116% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GIGADEVICEUSDT | 65.940 | 0 | get 0.0000% / 8h | 3h 30m | $282K | $139K | 5x |
| Short | Bybit GIGADEVICEUSDT | 65.890 | 0 | get 0.0000% / 8h | 3h 30m | $339K | $67K | 25x |
Bitget GIGADEVICEUSDT
Bybit GIGADEVICEUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.076% → +0.041%
- −$11.64
- Slippage, 4 orders
- −$281.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$315.75
- Costs to cover
- 3.041%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 15 min ago; Bybit: live order book, 14 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 Bitget live order book, 15 min ago | 24.90 bp | 55.0 bp −$55 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 14 min ago | 14.31 bp | 104.5 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
GIGADEVICE on 2 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GIGADEVICEUSDTshort | 0.0000% | 8h | 65.890 | −0.076% | $339K | $67K | 25x | |
| Bitget GIGADEVICEUSDTlong | 0.0000% | 8h | 65.940 | long leg | $282K | $139K | 5x |