Funding you earn now, next payment 08:00 UTC−0.2171%/8h= −237.7% APRnext payment −$21.71 per $10,000 · paid last 24h +0.071%
Price spread now: Bitget against Bybit+0.135%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$2042.039% of the position
Funding, last 7 days+0.657%+$66 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.135%, 7d avg −0.048%
=The price spread pays, funding is against you. Bitget is 0.183% dearer against Bybit than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.048%): +$18 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.657%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.657% in total (about 34.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$21.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INTWUSDT | 31.960 | 0 | get 0.0000% / 8h | 2h 36m | $724K | $1.2M | 25x |
| Short | Bitget INTWUSDT | 32.003 | −0.2171 | pay 0.2171% / 8h | 2h 36m | $311K | $1.6M | 20x |
Bybit INTWUSDT
Bitget INTWUSDTFunding 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
- −$455.91
- Price spread: +0.135% → −0.048%
- $18.29
- Slippage, 4 orders
- −$180.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$641.56
- Costs to cover
- 2.039%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 4.72 bp | 68.9 bp −$69 | 187.8 bp −$1,878 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.08 bp | 43.1 bp −$43 | 55.8 bp −$558 | 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 INTWUSDTshort | −0.2171% | 8h | 32.003 | +0.135% | $311K | $1.6M | 20x | |
| Binance INTWUSDT | 0.0000% | 8h | 31.960 | 0.000% | $3.1M | $35.1M | 25x | as long as short |
| Bybit INTWUSDTlong | 0.0000% | 8h | 31.960 | long leg | $724K | $1.2M | 25x | |
| OKX INTW-USDT-SWAP | 0.0000% | 8h | 31.980 | +0.063% | $308K | $2.4M | 25x | as long as short |
| Gate INTW_USDT | 0.0000% | 8h | 31.970 | +0.031% | $496K | $2.1M | 25x | as long as short |
| MEXC INTW_USDT | 0.0000% | 8h | 32.000 | +0.125% | $1.3M | $413K | 50x | as long as short |
| HTX INTW-USDT | 0.0000% | 8h | 31.780 | −0.563% | $10K | $8K | 10x | as long as short |
| KuCoin INTWUSDTM | +0.0100% | 8h | 31.870 | −0.282% | $58K | $112K | 20x | as long as short |
Binance INTWUSDT
OKX INTW-USDT-SWAP
Gate INTW_USDT
MEXC INTW_USDT
HTX INTW-USDT
KuCoin INTWUSDTM