Funding you earn now, next payment 16:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against Bitget+0.025%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.025%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.030% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TQQQUSDT | 78.540 | −0.0037 | get 0.0037% / 8h | 7h 52m | $7.5M | $2.8M | 20x |
| Short | Bybit TQQQUSDT | 78.560 | 0 | get 0.0000% / 8h | 7h 52m | $2.4M | $6.8M | 25x |
Bitget TQQQUSDT
Bybit TQQQUSDTFunding 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
- $7.77
- Price spread: +0.025% → −0.004%
- $2.97
- Slippage, 4 orders
- −$21.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.33
- Costs to cover
- 0.441%
- Break-even
- 37.0 days
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 6 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, 1 min ago | 0.64 bp | 8.7 bp −$9 | 27.2 bp −$272 | 61.1 bp −$6,109 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.27 bp | 9.8 bp −$10 | 64.9 bp −$649 | doesn't fit | doesn't fit |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0081% | 8h | 78.590 | +0.064% | $179K | $469K | 10x | as long as short |
| Bitget TQQQUSDTlong | −0.0037% | 8h | 78.540 | long leg | $7.5M | $2.8M | 20x | |
| GRVT TQQQ_USDT_Perp | −0.0013% | 8h | 78.540 | 0.000% | $1K | $108K | 10x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 78.622 | +0.105% | $69K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.540 | 0.000% | $18.1M | $48.8M | 20x | as long as short |
| Bybit TQQQUSDTshort | 0.0000% | 8h | 78.560 | +0.025% | $2.4M | $6.8M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.540 | 0.000% | $2.2M | $6.0M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.560 | +0.025% | $1.6M | $254K | 20x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.530 | −0.013% | $14K | $16K | 50x | as long as short |
| BloFin TQQQ-USDT | +0.0024% | 8h | 78.550 | +0.013% | $151K | $33K | 20x | as long as short |
KuCoin TQQQUSDTM
GRVT TQQQ_USDT_Perp
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
HTX TQQQ-USDT
BloFin TQQQ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.540 | 0.000% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos