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

UNH

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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: Bitget against Bybit−0.694%7-day average −0.310% · you buy dearer than you sell
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$3473.471% 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)+0.390%+$39 · spread now −0.694%, 7d avg −0.310%
Together, before fees+0.390%+$39 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: Bitget is 0.384% cheaper against Bybit than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of −0.310%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNHUSDT380.400get 0.0000% / 8h2h 11m$179K$35K25x
ShortBitget UNHUSDT377.760get 0.0000% / 8h2h 11m$274K$79K20x

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 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: −0.694% → −0.310%
−$38.36
Slippage, 4 orders
−$324.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$385.5
Costs to cover
3.471%
Break-even
never at this rate
Slippage from Bybit: live order book, 18 min ago; Bitget: live order book, 28 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 Bybit live order book, 18 min ago23.58 bp159.6 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 28 min ago10.46 bp16.7 bp −$1743.4 bp −$434doesn't fitdoesn't fit

UNH on 6 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
Bybit UNHUSDTlong0.0000%8h380.40long leg$179K$35K25x
OKX UNH-USDT-SWAP0.0000%8h377.65−0.723%$131K$87K20xas long as short
QFEX UNH-USD0.0000%1h377.70−0.710%$1.1M$2.2M10xas long as short
Gate UNH_USDT0.0000%8h378.46−0.510%$93K$12K25xas long as short
Bitget UNHUSDTshort0.0000%8h377.76−0.694%$274K$79K20x
HTX UNH-USDT0.0000%8h380.400.000%$6K$390K10xas long as short