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: Bitget against Bybit+0.034%7-day average +0.042% · 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−$139as in the Price arb table
costs, in and out, $10k−$1381.380% 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)−0.029%−$3 · spread now +0.034%, 7d avg +0.042%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KOUSDT87.4500get 0.0000% / 8h4h 51m$343K$19K25x
ShortBitget KOUSDT87.4800get 0.0000% / 8h4h 51m$543K$143K20x

Funding 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 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: +0.034% → +0.042%
−$0.74
Slippage, 4 orders
−$115.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$138.78
Costs to cover
1.380%
Break-even
never at this rate
Slippage from Bybit: live order book, 63 min ago; Bitget: live order book, 3 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 Bybit live order book, 63 min ago8.58 bp55.3 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago7.43 bp31.4 bp −$3139.0 bp −$390doesn'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%8h87.520+0.080%$807K$615K20xas long as short
Bybit KOUSDTlong0.0000%8h87.450long leg$343K$19K25x
OKX KO-USDT-SWAP0.0000%8h87.520+0.080%$764K$321K20xas long as short
Gate KO_USDT0.0000%8h87.440−0.011%$551K$15K25xas long as short
Bitget KOUSDTshort0.0000%8h87.480+0.034%$543K$143K20x
HTX KO-USDT0.0000%8h87.520+0.080%$5K$367K10xas long as short
edgeX KOUSDC+0.0019%4h87.470+0.023%$88K$210K10xas long as short
KuCoin KOUSDTM+0.0100%8h87.310−0.160%$56K$2.2M20xas long as short