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−0.158%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2572.571% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.158%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.215% cheaper against Bybit than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TXNUSDT | 272.23 | 0 | get 0.0000% / 8h | 5h 15m | $167K | $87K | 25x |
| Short | Bitget TXNUSDT | 271.80 | 0 | get 0.0000% / 8h | 5h 15m | $154K | $105K | 20x |
Funding 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: −0.158% → +0.057%
- −$21.46
- Slippage, 4 orders
- −$234.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$278.53
- Costs to cover
- 2.571%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 30 min ago; Bitget: live order book, 39 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, 30 min ago | 11.78 bp | 115.4 bp −$115 | 239.5 bp −$2,395 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 39 min ago | 19.31 bp | 41.4 bp −$41 | 67.1 bp −$671 | doesn't fit | doesn't fit |
TXN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TXNUSDT | 0.0000% | 8h | 272.17 | −0.024% | $298K | $462K | 25x | as long as short |
| Bybit TXNUSDTlong | 0.0000% | 8h | 272.23 | long leg | $167K | $87K | 25x | |
| Gate TXN_USDT | 0.0000% | 8h | 272.10 | −0.048% | $227K | $108K | 20x | as long as short |
| Bitget TXNUSDTshort | 0.0000% | 8h | 271.80 | −0.158% | $154K | $105K | 20x | |
| Variational Omni TXN | 0.0000% | 8h | 272.15 | −0.031% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | −0.433% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 272.20 | −0.011% | $4K | $36K | 10x | as long as short |
Bybit TXNUSDT
Bitget TXNUSDT
Binance TXNUSDT
Gate TXN_USDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT