Funding you earn now, next payment 16:00 UTC+0.0427%/8h= +46.8% APRnext payment +$4.27 per $10,000 · paid last 24h +0.096%
Price spread now: Bybit against Bitget−0.513%7-day average +0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$373as in the Price arb table
costs, in and out, $10k−$3033.032% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)+0.620%+$62 · spread now −0.513%, 7d avg +0.180%
=Funding pays, the price is against you. Bybit is 0.694% cheaper against Bitget than usual: you would sell low and buy high (spread −0.513% now, against its 7-day average of +0.180%). If the spread goes back, that is −$69 on $10k: about 5.4 days of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.203%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.27 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 | Bitget MSTUUSDT | 46.991 | −0.0427 | get 0.0427% / 8h | 7h 15m | $2.9M | $4.4M | 20x |
| Short | Bybit MSTUUSDT | 46.750 | 0 | get 0.0000% / 8h | 7h 15m | $702K | $2.3M | 25x |
Bitget MSTUUSDT
Bybit MSTUUSDTFunding 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
- $89.67
- Price spread: −0.513% → +0.180%
- −$69.38
- Slippage, 4 orders
- −$280.22
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$282.92
- Costs to cover
- 3.032%
- Break-even
- 29.1 days
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 0.01 bp | 49.9 bp −$50 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.38 bp | 114.8 bp −$115 | 229.1 bp −$2,291 | doesn't fit | doesn't fit |
MSTU on 3 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 MSTUUSDTlong | −0.0427% | 8h | 46.991 | long leg | $2.9M | $4.4M | 20x | |
| Bybit MSTUUSDTshort | 0.0000% | 8h | 46.750 | −0.513% | $702K | $2.3M | 25x | |
| MEXC MSTU_USDT | 0.0000% | 8h | 46.730 | −0.556% | $226K | $613K | 20x | as long as short |
MEXC MSTU_USDT