Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.209%
Price spread now: Bitget against Bybit−0.039%7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3403.400% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 4 days (all we have)−0.346%−$35 · spread now −0.039%, 7d avg +0.130%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.169% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLUUSDT | 40.740 | 0 | get 0.0000% / 8h | 4h 52m | $72K | $264K | 25x |
| Short | Bitget XLUUSDT | 40.724 | 0 | get 0.0000% / 8h | 4h 52m | $339K | $27K | 20x |
Bybit XLUUSDT
Bitget XLUUSDTFunding 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: −0.039% → +0.130%
- −$16.91
- Slippage, 4 orders
- −$317.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$356.91
- Costs to cover
- 3.400%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 45 min ago; Bitget: live order book, 46 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, 45 min ago | 9.81 bp | 128.2 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 21.60 bp | 46.4 bp −$46 | 73.6 bp −$736 | doesn't fit | doesn't fit |
XLU on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XLUUSDTlong | 0.0000% | 8h | 40.740 | long leg | $72K | $264K | 25x | |
| Gate XLU_USDT | 0.0000% | 8h | 40.730 | −0.025% | $23K | $2K | 20x | as long as short |
| Bitget XLUUSDTshort | 0.0000% | 8h | 40.724 | −0.039% | $339K | $27K | 20x | |
| HTX XLU-USDT | 0.0000% | 8h | 40.870 | +0.319% | $5K | $335K | 20x | as long as short |
| SunX XLU-USDT | +0.0100% | 8h | 40.720 | −0.049% | — | $1.5M | 10x | as long as short |
| MEXC XLU_USDT | +0.0200% | 8h | 40.754 | +0.034% | $473K | $79K | 20x | as long as short |
Gate XLU_USDT
HTX XLU-USDT
SunX XLU-USDT
MEXC XLU_USDT