Funding you earn now, next payment 08:00 UTC+0.0422%/8h= +46.2% APRnext payment +$4.22 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.060%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3263.258% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.060%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bybit is 0.071% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.011%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VRTUSDT | 251.32 | 0 | get 0.0000% / 8h | 3h 13m | $483K | $153K | 20x |
| Short | Bybit VRTUSDT | 251.47 | 0.0422 | get 0.0422% / 8h | 3h 13m | $450K | $121K | 25x |
Bitget VRTUSDT
Bybit VRTUSDTFunding 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
- $88.61
- Price spread: +0.060% → −0.011%
- $7.06
- Slippage, 4 orders
- −$302.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$230.16
- Costs to cover
- 3.258%
- Break-even
- 25.2 days
Slippage from Bitget: live order book, 32 min ago; Bybit: live order book, 31 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, 32 min ago | 10.51 bp | 28.2 bp −$28 | 32.8 bp −$328 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 4.76 bp | 76.7 bp −$77 | 212.0 bp −$2,120 | doesn't fit | doesn't fit |
VRT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDT | 0.0000% | 8h | 251.80 | +0.191% | $140K | $18K | 20x | as long as short |
| Bitget VRTUSDTlong | 0.0000% | 8h | 251.32 | long leg | $483K | $153K | 20x | |
| SunX VRT-USDT | 0.0000% | 8h | 251.35 | +0.012% | $123 | $461K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 251.17 | −0.060% | $8K | $42K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −0.756% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0382% | 8h | 251.28 | −0.016% | $267K | $157K | 20x | as long as short |
| Bybit VRTUSDTshort | +0.0422% | 8h | 251.47 | +0.060% | $450K | $121K | 25x | |
| KuCoin VRTUSDTM | +0.0696% | 8h | 251.31 | −0.004% | $107K | $20K | 20x | as long as short |
| Binance VRTUSDT | +0.0856% | 8h | 251.28 | −0.017% | $1.1M | $1.0M | 25x | as long as short |
Gate VRT_USDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM
Binance VRTUSDT