Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.058%
Price spread now: Bitget against Bybit−0.207%7-day average −0.291% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2352.355% of the position
Funding, last 7 days−0.360%−$36 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.207%, 7d avg −0.291%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.084% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.291%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PEPUSDT | 130.41 | 0 | get 0.0000% / 8h | 7h 56m | $292K | $107K | 25x |
| Short | Bitget PEPUSDT | 130.14 | 0 | get 0.0000% / 8h | 7h 56m | $488K | $89K | 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: −0.207% → −0.291%
- $8.43
- Slippage, 4 orders
- −$212.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$227.02
- Costs to cover
- 2.355%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 33 min ago; Bitget: live order book, 34 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, 33 min ago | 7.64 bp | 99.5 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 17.26 bp | 47.4 bp −$47 | 92.1 bp −$921 | 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 PEPUSDTlong | 0.0000% | 8h | 130.41 | long leg | $292K | $107K | 25x | |
| Gate PEP_USDT | 0.0000% | 8h | 130.82 | +0.314% | $115K | $7K | 25x | as long as short |
| Bitget PEPUSDTshort | 0.0000% | 8h | 130.14 | −0.207% | $488K | $89K | 20x | |
| HTX PEP-USDT | 0.0000% | 8h | 130.03 | −0.291% | $6K | $352K | 20x | as long as short |
Bybit PEPUSDT
Bitget PEPUSDT
Gate PEP_USDT
HTX PEP-USDT