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−0.070%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2042.042% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.070%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.058% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TENCENTUSDT | 57.550 | 0 | get 0.0000% / 8h | 5h 30m | $251K | $153K | 25x |
| Short | Bitget TENCENTUSDT | 57.510 | 0 | get 0.0000% / 8h | 5h 30m | $1.2M | $1.5M | 20x |
Bybit TENCENTUSDT
Bitget TENCENTUSDTFunding 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: −0.070% → −0.011%
- −$5.82
- Slippage, 4 orders
- −$181.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$210.06
- Costs to cover
- 2.042%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 9 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, 6 min ago | 8.69 bp | 74.5 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 4.35 bp | 41.4 bp −$41 | 68.0 bp −$680 | doesn't fit | doesn't fit |
TENCENT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TENCENTUSDC | −0.0302% | 4h | 57.521 | −0.051% | $118K | $216K | 10x | as long as short |
| KuCoin TENCENTUSDTM | −0.0012% | 4h | 57.430 | −0.209% | $120K | $815K | 20x | as long as short |
| Aster TENCENTUSDT | 0.0000% | 8h | 57.588 | +0.066% | $44K | $12K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 57.590 | +0.070% | $2.9M | $5.1M | 25x | as long as short |
| Bybit TENCENTUSDTlong | 0.0000% | 8h | 57.550 | long leg | $251K | $153K | 25x | |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.560 | +0.017% | $1.6M | $678K | 25x | as long as short |
| Bitget TENCENTUSDTshort | 0.0000% | 8h | 57.510 | −0.070% | $1.2M | $1.5M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.560 | +0.017% | $10K | $46K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 57.911 | +0.627% | $62K | $10K | 10x | as long as short |
edgeX TENCENTUSDC
KuCoin TENCENTUSDTM
Aster TENCENTUSDT
Binance TENCENTUSDT
Gate TENCENT_USDT
HTX TENCENT-USDT
Lighter TENCENT