Funding you earn now, next payment 08:00 UTC+0.0258%/8h= +28.3% APRnext payment +$2.58 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.017%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2012.007% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.017%, 7d avg +0.037%
=Funding pays, the price is against you. Bitget is 0.054% cheaper against Bybit than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.037%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.268% in total) that is about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XIAOMIUSDT | 3.4810 | 0 | get 0.0000% / 8h | 23m 28s | $283K | $95K | 25x |
| Short | Bitget XIAOMIUSDT | 3.4804 | 0.0258 | get 0.0258% / 8h | 23m 28s | $914K | $404K | 5x |
Bybit XIAOMIUSDT
Bitget XIAOMIUSDTFunding 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
- $54.18
- Price spread: −0.017% → +0.037%
- −$5.45
- Slippage, 4 orders
- −$177.7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151.97
- Costs to cover
- 2.007%
- Break-even
- 26.6 days
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 12 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, 6 min ago | 5.74 bp | 34.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 12 min ago | 10.19 bp | 48.6 bp −$49 | 71.2 bp −$712 | doesn't fit | doesn't fit |
XIAOMI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XIAOMIUSDT | 0.0000% | 8h | 3.5387 | +1.657% | $84K | $2K | 5x | as long as short |
| Bybit XIAOMIUSDTlong | 0.0000% | 8h | 3.4810 | long leg | $283K | $95K | 25x | |
| Gate XIAOMI_USDT | 0.0000% | 8h | 3.4850 | +0.115% | $1.0M | $380K | 25x | as long as short |
| Lighter XIAOMI | +0.0056% | 1h | 3.4863 | +0.152% | $11K | $7K | 10x | as long as short |
| OKX XIAOMI-USDT-SWAP | +0.0257% | 8h | 3.4790 | −0.057% | $3.6M | $3.5M | 20x | as long as short |
| Bitget XIAOMIUSDTshort | +0.0258% | 8h | 3.4804 | −0.017% | $914K | $404K | 5x | |
| edgeX XIAOMIUSDC | +0.0295% | 4h | 3.4814 | +0.013% | $152K | $250K | 10x | as long as short |
Aster XIAOMIUSDT
Gate XIAOMI_USDT
Lighter XIAOMI
OKX XIAOMI-USDT-SWAP
edgeX XIAOMIUSDC