Funding you earn now, next payment 16:00 UTC+0.2035%/8h= +222.8% APRnext payment +$20.35 per $10,000 · paid last 24h −0.084%
Price spread now: Bybit against Bitget+0.330%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$61 a day on $10k at the current rate, and Bybit is 0.330% dearer against Bitget than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IBITUSDT | 48.520 | 0 | get 0.0000% / 8h | 7h 23m | $25K | $85K | 20x |
| Short | Bybit IBITUSDT | 48.680 | 0.2035 | get 0.2035% / 8h | 7h 23m | $233K | $883K | 25x |
Bitget IBITUSDT
Bybit IBITUSDTFunding 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
- $427.31
- Price spread: +0.330% → 0.000%
- $32.98
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $437.28
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bitget: no order-book sample; Bybit: live order book, 7 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 7 min ago | 4.12 bp | 9.6 bp −$10 | 18.8 bp −$188 | doesn't fit | doesn't fit |
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
IBIT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBIT-USD | 0.0000% | 1h | 48.520 | 0.000% | $1.2M | $5.6M | 10x | as long as short |
| Gate IBIT_USDT | 0.0000% | 8h | 48.560 | +0.082% | $98K | $19K | 20x | as long as short |
| Bitget IBITUSDTlong | 0.0000% | 8h | 48.520 | long leg | $25K | $85K | 20x | |
| HTX IBIT-USDT | 0.0000% | 8h | 48.590 | +0.144% | $1K | $28K | 20x | as long as short |
| Bybit IBITUSDTshort | +0.2035% | 8h | 48.680 | +0.330% | $233K | $883K | 25x |
QFEX IBIT-USD
Gate IBIT_USDT
HTX IBIT-USDT