Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.073%
Price spread now: Bitget against Bybit−0.100%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$2032.031% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.100%, 7d avg −0.154%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.054% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.154%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MCDUSDT | 248.86 | 0 | get 0.0000% / 8h | 1h 59m | $591K | $9.5M | 25x |
| Short | Bitget MCDUSDT | 248.61 | 0 | get 0.0000% / 8h | 1h 59m | $2.4M | $495K | 20x |
Bybit MCDUSDT
Bitget MCDUSDTFunding 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
- $0
- Price spread: −0.100% → −0.154%
- $5.38
- Slippage, 4 orders
- −$180.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$197.71
- Costs to cover
- 2.031%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 6.03 bp | 70.0 bp −$70 | 211.3 bp −$2,113 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.60 bp | 19.2 bp −$19 | 42.7 bp −$427 | doesn't fit | doesn't fit |
MCD on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MCDUSDTlong | 0.0000% | 8h | 248.86 | long leg | $591K | $9.5M | 25x | |
| Gate MCD_USDT | 0.0000% | 8h | 248.87 | +0.004% | $677K | $184K | 25x | as long as short |
| Bitget MCDUSDTshort | 0.0000% | 8h | 248.61 | −0.100% | $2.4M | $495K | 20x | |
| KuCoin MCDUSDTM | +0.0100% | 8h | 248.72 | −0.056% | $98K | $218K | 10x | as long as short |
Gate MCD_USDT
KuCoin MCDUSDTM