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+0.048%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2302.295% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.048%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PANWUSDT | 374.82 | 0 | get 0.0000% / 8h | 2h 17m | $327K | $324K | 25x |
| Short | Bitget PANWUSDT | 375.00 | 0 | get 0.0000% / 8h | 2h 17m | $174K | $380K | 20x |
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 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: +0.048% → 0.000%
- $4.78
- Slippage, 4 orders
- −$206.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$224.73
- Costs to cover
- 2.295%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 22 min ago; Bitget: live order book, 23 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, 22 min ago | 7.64 bp | 58.5 bp −$59 | 171.1 bp −$1,711 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 23 min ago | 15.01 bp | 62.4 bp −$62 | 83.0 bp −$830 | doesn't fit | doesn't fit |
PANW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PANWUSDT | 0.0000% | 8h | 375.25 | +0.115% | $513K | $782K | 25x | as long as short |
| Bybit PANWUSDTlong | 0.0000% | 8h | 374.82 | long leg | $327K | $324K | 25x | |
| QFEX PANW-USD | 0.0000% | 1h | 374.59 | −0.061% | $1.1M | $2.6M | 10x | as long as short |
| Gate PANW_USDT | 0.0000% | 8h | 373.26 | −0.416% | $67K | $5K | 20x | as long as short |
| Bitget PANWUSDTshort | 0.0000% | 8h | 375.00 | +0.048% | $174K | $380K | 20x | |
| SunX PANW-USDT | +0.0100% | 8h | 374.97 | +0.040% | $1K | $631K | 10x | as long as short |
| HTX PANW-USDT | +0.0100% | 8h | 371.80 | −0.806% | $2K | $39K | 10x | as long as short |
| Injective PANW/USDC PERP | +0.0220% | 1h | 379.00 | +1.115% | $6K | $38K | 12x | as long as short |
Bybit PANWUSDT
Bitget PANWUSDT
Binance PANWUSDT
Gate PANW_USDT
SunX PANW-USDT
HTX PANW-USDT
Injective PANW/USDC PERP