Settings8H · net · $10k
Funding arb · Price arb /

TXN

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Alert: funding
Alert: spread
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: Bybit against Bitget−0.044%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$3863.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.044%, 7d avg −0.056%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TXNUSDT270.620get 0.0000% / 8h1h 59m$153K$102K20x
ShortBybit TXNUSDT270.500get 0.0000% / 8h1h 59m$165K$60K25x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.044% → −0.056%
$1.13
Slippage, 4 orders
−$363.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$385.28
Costs to cover
3.864%
Break-even
never at this rate
Slippage from Bitget: live order book, 40 min ago; Bybit: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 40 min ago9.43 bp79.3 bp −$79121.3 bp −$1,213doesn't fitdoesn't fit
Sell Bybit live order book, 30 min ago12.95 bp76.3 bp −$76251.4 bp −$2,514doesn't fitdoesn't fit

TXN on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TXNUSDT0.0000%8h270.32−0.112%$284K$466K25xas long as short
Bybit TXNUSDTshort0.0000%8h270.50−0.044%$165K$60K25x
Gate TXN_USDT0.0000%8h270.50−0.044%$226K$96K20xas long as short
Bitget TXNUSDTlong0.0000%8h270.62long leg$153K$102K20x
Variational Omni TXN0.0000%8h270.41−0.078%$20K$13Kas long as short
Extended TXN-USD+0.0040%1h271.05+0.160%$41K$12K10xas long as short
HTX TXN-USDT+0.0100%8h270.46−0.059%$4K$36K10xas long as short