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 Bitget0.000%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1511.508% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now 0.000%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PDDUSDT | 79.540 | 0 | get 0.0000% / 8h | 7h 16m | $1.3M | $198K | 20x |
| Short | Bybit PDDUSDT | 79.540 | 0 | get 0.0000% / 8h | 7h 16m | $254K | $2.0M | 25x |
Bitget PDDUSDT
Bybit PDDUSDTFunding 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
- $0
- Price spread: 0.000% → −0.052%
- $5.17
- Slippage, 4 orders
- −$127.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$145.6
- Costs to cover
- 1.508%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago | 12.56 bp | 24.7 bp −$25 | 54.9 bp −$549 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 11.32 bp | 54.5 bp −$55 | 181.6 bp −$1,816 | doesn't fit | doesn't fit |
PDD on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX PDDUSDC | −0.0860% | 4h | 79.573 | +0.041% | $161K | $224K | 10x | as long as short |
| Binance PDDUSDT | 0.0000% | 8h | 79.630 | +0.113% | $1.3M | $935K | 20x | as long as short |
| Bybit PDDUSDTshort | 0.0000% | 8h | 79.540 | 0.000% | $254K | $2.0M | 25x | |
| Gate PDD_USDT | 0.0000% | 8h | 79.540 | 0.000% | $483K | $37K | 20x | as long as short |
| Bitget PDDUSDTlong | 0.0000% | 8h | 79.540 | long leg | $1.3M | $198K | 20x | |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.339% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.430 | −0.138% | $3K | — | 5x | as long as short |
| KuCoin PDDUSDTM | +0.0100% | 8h | 79.550 | +0.013% | $34K | $2.8M | 20x | as long as short |
| HTX PDD-USDT | +0.0100% | 8h | 79.700 | +0.201% | $7K | $307K | 20x | as long as short |
edgeX PDDUSDC
Binance PDDUSDT
Gate PDD_USDT
Injective PDD/USDC PERP
Extended PDD_24_5-USD
KuCoin PDDUSDTM
HTX PDD-USDT