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+0.075%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1621.617% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.075%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.033% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PDDUSDT | 79.960 | 0 | get 0.0000% / 8h | 3h 58m | $258K | $2.0M | 25x |
| Short | Bitget PDDUSDT | 80.020 | 0 | get 0.0000% / 8h | 3h 58m | $1.3M | $198K | 20x |
Bybit PDDUSDT
Bitget PDDUSDTFunding 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: +0.075% → +0.042%
- $3.35
- Slippage, 4 orders
- −$138.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$158.37
- Costs to cover
- 1.617%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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, 3 min ago | 11.23 bp | 56.6 bp −$57 | 192.7 bp −$1,927 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 11.24 bp | 39.1 bp −$39 | 64.2 bp −$642 | 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 | −0.0127% | 4h | 80.192 | +0.290% | $162K | $225K | 10x | as long as short |
| Bybit PDDUSDTlong | 0.0000% | 8h | 79.960 | long leg | $258K | $2.0M | 25x | |
| Bitget PDDUSDTshort | 0.0000% | 8h | 80.020 | +0.075% | $1.3M | $198K | 20x | |
| Injective PDD/USDC PERP | +0.0033% | 1h | 79.270 | −0.863% | $11K | $8K | 12x | as long as short |
| Extended PDD_24_5-USD | +0.0040% | 1h | 79.855 | −0.131% | $3K | — | 5x | as long as short |
| KuCoin PDDUSDTM | +0.0100% | 8h | 80.040 | +0.100% | $31K | $2.8M | 20x | as long as short |
| HTX PDD-USDT | +0.0100% | 8h | 79.410 | −0.688% | $7K | $305K | 20x | as long as short |
| Gate PDD_USDT | +0.0280% | 8h | 79.970 | +0.013% | $488K | $37K | 20x | as long as short |
| Binance PDDUSDT | +0.0522% | 8h | 80.185 | +0.281% | $1.4M | $977K | 20x | as long as short |
edgeX PDDUSDC
Injective PDD/USDC PERP
Extended PDD_24_5-USD
KuCoin PDDUSDTM
HTX PDD-USDT
Gate PDD_USDT
Binance PDDUSDT