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

KO

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Alert: funding
Alert: spread
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−0.046%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1941.941% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.046%, 7d avg −0.042%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KOUSDT87.4900get 0.0000% / 8h4h 03m$542K$143K20x
ShortBybit KOUSDT87.4500get 0.0000% / 8h4h 03m$343K$19K25x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.046% → −0.042%
−$0.4
Slippage, 4 orders
−$171.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$194.48
Costs to cover
1.941%
Break-even
never at this rate
Slippage from Bitget: live order book, 51 min ago; Bybit: live order book, 46 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 Bitget live order book, 51 min ago7.43 bp30.3 bp −$3043.4 bp −$434doesn't fitdoesn't fit
Sell Bybit live order book, 46 min ago5.15 bp81.7 bp −$82doesn't fitdoesn't fitdoesn't fit

KO 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
Binance KOUSDT0.0000%8h87.557+0.077%$811K$626K20xas long as short
Bybit KOUSDTshort0.0000%8h87.450−0.046%$343K$19K25x
OKX KO-USDT-SWAP0.0000%8h87.550+0.069%$764K$321K20xas long as short
Gate KO_USDT0.0000%8h87.460−0.034%$551K$15K25xas long as short
Bitget KOUSDTlong0.0000%8h87.490long leg$542K$143K20x
HTX KO-USDT0.0000%8h87.560+0.080%$4K$367K10xas long as short
KuCoin KOUSDTM+0.0100%8h87.350−0.160%$54K$2.2M20xas long as short
edgeX KOUSDC+0.0885%4h87.485−0.006%$88K$210K10xas long as short