Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.036%7-day average +0.205% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2562.561% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now +0.036%, 7d avg +0.205%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.169% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.205%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PURRUSDT | 13.814 | 0 | get 0.0000% / 8h | 4h 09m | $591K | $878K | 25x |
| Short | Bitget PURRUSDT | 13.819 | 0 | get 0.0000% / 8h | 4h 09m | $433K | $1.7M | 20x |
Bybit PURRUSDT
Bitget PURRUSDTFunding 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: +0.036% → +0.205%
- −$16.87
- Slippage, 4 orders
- −$233.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$273
- Costs to cover
- 2.561%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 29 min ago; Bitget: live order book, 1 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, 29 min ago | 3.98 bp | 57.8 bp −$58 | 3375.8 bp −$33.8K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 14.46 bp | 39.7 bp −$40 | 52.4 bp −$524 | doesn't fit | doesn't fit |
PURR on 8 exchanges
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 PURRUSDTlong | 0.0000% | 8h | 13.814 | long leg | $591K | $878K | 25x | |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.830 | +0.116% | $609K | $1.1M | 20x | as long as short |
| Gate PURR_USDT | 0.0000% | 8h | 13.784 | −0.217% | $53K | $6K | 20x | as long as short |
| Bitget PURRUSDTshort | 0.0000% | 8h | 13.819 | +0.036% | $433K | $1.7M | 20x | |
| HTX PURR-USDT | 0.0000% | 1h | 13.851 | +0.268% | $7K | $343K | 20x | as long as short |
| QFEX PURR-USD | +0.0008% | 1h | 13.770 | −0.319% | $1.4M | $1.6M | 10x | as long as short |
| Ondo Perps PURR-USD.P | +0.0782% | 1h | 13.761 | −0.384% | $10K | $76K | 5x | as long as short |
| Extended PURR-USD | +0.1568% | 1h | 13.811 | −0.022% | $198K | $43K | 10x | as long as short |
OKX PURR-USDT-SWAP
Gate PURR_USDT
HTX PURR-USDT
QFEX PURR-USD
Ondo Perps PURR-USD.P
Extended PURR-USD