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

UNH

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Alert: funding
Alert: spread
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: Bybit against Bitget+0.508%7-day average +0.318% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2392.393% 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)−0.182%−$18 · spread now +0.508%, 7d avg +0.318%
Together, before fees−0.182%−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.190% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.318%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget UNHUSDT377.800get 0.0000% / 8h5h 29m$285K$98K20x
ShortBybit UNHUSDT379.720get 0.0000% / 8h5h 29m$180K$36K25x

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: +0.508% → +0.318%
$19.04
Slippage, 4 orders
−$216.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$220.23
Costs to cover
2.393%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; Bybit: live order book, 8 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, 9 min ago6.87 bp13.4 bp −$1317.3 bp −$173doesn't fitdoesn't fit
Sell Bybit live order book, 8 min ago17.91 bp146.8 bp −$147doesn't fitdoesn't fitdoesn't fit

UNH on 6 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit UNHUSDTshort0.0000%8h379.72+0.508%$180K$36K25x
OKX UNH-USDT-SWAP0.0000%8h378.80+0.265%$132K$95K20xas long as short
QFEX UNH-USD0.0000%1h377.83+0.008%$1.1M$2.3M10xas long as short
Gate UNH_USDT0.0000%8h378.82+0.270%$93K$9K25xas long as short
Bitget UNHUSDTlong0.0000%8h377.80long leg$285K$98K20x
HTX UNH-USDT0.0000%8h377.88+0.021%$6K$384K10xas long as short