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

NET

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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+0.034%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2462.461% 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)+0.059%+$6 · spread now +0.034%, 7d avg +0.082%
Together, before fees+0.059%+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.048% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NETUSDT353.300get 0.0000% / 8h6h 20m$185K$567K20x
ShortBybit NETUSDT353.420get 0.0000% / 8h6h 20m$384K$108K25x

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: +0.034% → +0.082%
−$4.76
Slippage, 4 orders
−$223.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$250.87
Costs to cover
2.461%
Break-even
never at this rate
Slippage from Bitget: live order book, 45 min ago; Bybit: live order book, 39 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, 45 min ago1.84 bp9.7 bp −$1013.5 bp −$135doesn't fitdoesn't fit
Sell Bybit live order book, 39 min ago2.41 bp45.8 bp −$46doesn't fitdoesn't fitdoesn't fit

NET on 10 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
Paragon para:NET−0.0049%1h352.23−0.303%$175K$38K10xas long as short
Binance NETUSDT0.0000%8h353.35+0.014%$368K$765K20xas long as short
Bybit NETUSDTshort0.0000%8h353.42+0.034%$384K$108K25x
OKX NET-USDT-SWAP0.0000%8h353.10−0.057%$177K$101K20xas long as short
Gate NET_USDT0.0000%8h352.90−0.113%$40K$6K20xas long as short
Bitget NETUSDTlong0.0000%8h353.30long leg$185K$567K20x
HTX NET-USDT0.0000%8h353.38+0.023%$9K$345K20xas long as short
tradeXYZ xyz:NET+0.0050%1h353.53+0.065%$372K$185K10xas long as short
Phoenix NET+0.0317%1h353.26−0.011%$167$85K10xas long as short
edgeX NETUSDC+0.0674%4h353.45+0.044%$37K$325K10xas long as short