Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.059%
Price spread now: Bybit against Bitget+0.646%7-day average +0.277% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3543.540% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)−0.362%−$36 · spread now +0.646%, 7d avg +0.277%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.370% dearer against Bitget than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.277%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPUSDT | 129.94 | 0 | get 0.0000% / 8h | 6h 26m | $487K | $84K | 20x |
| Short | Bybit PEPUSDT | 130.78 | 0 | get 0.0000% / 8h | 6h 26m | $330K | $52K | 25x |
Bitget PEPUSDT
Bybit PEPUSDTFunding 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: +0.646% → +0.277%
- $36.95
- Slippage, 4 orders
- −$331.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$317.06
- Costs to cover
- 3.540%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 34 min ago; Bybit: live order book, 32 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, 34 min ago | 19.64 bp | 25.6 bp −$26 | 48.4 bp −$484 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 32 min ago | 12.62 bp | 135.4 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
PEP on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PEPUSDTshort | 0.0000% | 8h | 130.78 | +0.646% | $330K | $52K | 25x | |
| Gate PEP_USDT | 0.0000% | 8h | 130.71 | +0.593% | $116K | $3K | 25x | as long as short |
| Bitget PEPUSDTlong | 0.0000% | 8h | 129.94 | long leg | $487K | $84K | 20x | |
| HTX PEP-USDT | 0.0000% | 8h | 131.11 | +0.900% | $6K | $333K | 20x | as long as short |
Gate PEP_USDT
HTX PEP-USDT