Funding you earn now, next payment 08:00 UTC+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h −0.071%
Price spread now: Bybit against Bitget+0.069%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1861.859% of the position
Funding, last 7 days−0.657%−$66 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.069%, 7d avg +0.049%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.021% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.657%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INTWUSDT | 33.217 | −0.0169 | get 0.0169% / 8h | 4h 27m | $387K | $1.6M | 20x |
| Short | Bybit INTWUSDT | 33.240 | 0 | get 0.0000% / 8h | 4h 27m | $788K | $1.1M | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $35.49
- Price spread: +0.069% → +0.049%
- $2.07
- Slippage, 4 orders
- −$162.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$148.33
- Costs to cover
- 1.859%
- Break-even
- 36.3 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 3 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, 5 min ago | 4.22 bp | 40.7 bp −$41 | 53.4 bp −$534 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.52 bp | 56.7 bp −$57 | 185.9 bp −$1,859 | doesn't fit | doesn't fit |
INTW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget INTWUSDTlong | −0.0169% | 8h | 33.217 | long leg | $387K | $1.6M | 20x | |
| Binance INTWUSDT | 0.0000% | 8h | 33.250 | +0.099% | $3.1M | $33.8M | 25x | as long as short |
| Bybit INTWUSDTshort | 0.0000% | 8h | 33.240 | +0.069% | $788K | $1.1M | 25x | |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 33.270 | +0.160% | $336K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 33.210 | −0.021% | $527K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 33.230 | +0.039% | $1.4M | $411K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 33.240 | +0.069% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTM | +0.0100% | 8h | 33.240 | +0.069% | $61K | $105K | 20x | as long as short |
Bitget INTWUSDT
Bybit INTWUSDT
Binance INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT
KuCoin INTWUSDTM