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−0.038%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$4114.107% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.038%, 7d avg −0.136%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.097% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.136%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCHUSDT | 10.404 | 0 | get 0.0000% / 8h | 4h 47m | $175K | $195K | 25x |
| Short | Bitget SPCHUSDT | 10.400 | 0 | get 0.0000% / 8h | 4h 47m | $211K | $258K | 20x |
Bybit SPCHUSDT
Bitget SPCHUSDTFunding 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: −0.038% → −0.136%
- $9.75
- Slippage, 4 orders
- −$387.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$400.96
- Costs to cover
- 4.107%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 58 min ago; Bitget: live order book, 2 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, 58 min ago | 6.23 bp | 158.7 bp −$159 | 1028.4 bp −$10.3K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 27.41 bp | 42.6 bp −$43 | 47.6 bp −$476 | 191.0 bp −$19.1K | doesn't fit |
SPCH on 5 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 SPCHUSDTlong | 0.0000% | 8h | 10.404 | long leg | $175K | $195K | 25x | |
| Gate SPCH_USDT | 0.0000% | 8h | 10.417 | +0.125% | $230K | $492K | 20x | as long as short |
| Bitget SPCHUSDTshort | 0.0000% | 8h | 10.400 | −0.038% | $211K | $258K | 20x | |
| HTX SPCH-USDT | 0.0000% | 8h | 10.414 | +0.096% | $17K | $417K | 20x | as long as short |
| OKX SPCH-USDT-SWAP | +0.0118% | 8h | 10.436 | +0.308% | $97K | $289K | 10x | as long as short |
Gate SPCH_USDT
HTX SPCH-USDT
OKX SPCH-USDT-SWAP