Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: Bybit against Bitget−0.943%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$551as in the Price arb table
costs, in and out, $10k−$4784.781% of the position
Funding, last 21 hours (all we have)−0.043%−$4 on $10k
+Price spread, last 18 hours (all we have)+0.852%+$85 · spread now −0.943%, 7d avg −0.211%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.732% cheaper against Bitget than usual: you would sell low and buy high, −$73 on $10k if it goes back to its 7-day average of −0.211%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SECZUSDT | 13.790 | 0 | get 0.0000% / 8h | 2h 37m | $23K | $240K | 20x |
| Short | Bybit SECZUSDT | 13.660 | 0 | get 0.0000% / 8h | 2h 37m | $46K | $468K | 25x |
Funding 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: −0.943% → −0.211%
- −$73.17
- Slippage, 4 orders
- −$455.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$551.28
- Costs to cover
- 4.781%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 58 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, 38 min ago | 2.47 bp | 9.8 bp −$10 | 14.4 bp −$144 | 106.1 bp −$10.6K | doesn't fit |
| Sell Bybit live order book, 58 min ago | 26.01 bp | 176.2 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
SECZ on 3 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 SECZUSDTshort | 0.0000% | 8h | 13.660 | −0.943% | $46K | $468K | 25x | |
| QFEX SECZ-USD | 0.0000% | 1h | 13.680 | −0.798% | $168K | $72K | 10x | as long as short |
| Bitget SECZUSDTlong | 0.0000% | 8h | 13.790 | long leg | $23K | $240K | 20x |
Bitget SECZUSDT
Bybit SECZUSDT