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

ACT

all ACT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.191%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4414.406% 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)−0.235%−$24 · spread now +0.191%, 7d avg +0.024%
Together, before fees−0.235%−$24 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 0.168% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ACTUSDT0.010980.0100pay 0.0050% / 4h2h 32m$260K$91K10x
ShortBybit ACTUSDT0.011000.0100get 0.0050% / 4h2h 32m$573K$338K25x

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: +0.191% → +0.024%
$16.75
Slippage, 4 orders
−$417.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$423.88
Costs to cover
4.406%
Break-even
never at this rate
Slippage from Bitget: live order book, 50 min ago; Bybit: live order book, 51 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, 50 min ago9.10 bp43.5 bp −$44499.3 bp −$4,993doesn't fitdoesn't fit
Sell Bybit live order book, 51 min ago5.46 bp138.4 bp −$138doesn't fitdoesn't fitdoesn't fit

ACT on 7 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
Binance ACTUSDT+0.0100%4h0.01097−0.058%$2.1M$2.2M10xas long as short
Bybit ACTUSDTshort+0.0100%4h0.01100+0.191%$573K$338K25x
Gate ACT_USDT+0.0100%4h0.010980.000%$142K$84K25xas long as short
MEXC ACT_USDT+0.0100%4h0.01097−0.073%$6.4M$112K20xas long as short
Bitget ACTUSDTlong+0.0100%4h0.01098long leg$260K$91K10x
BingX ACT-USDT+0.0100%4h0.01098+0.046%$1.3Mas long as short
OKX ACT-USDT-SWAP+0.0110%4h0.01098+0.036%$776K$1.3M10xas long as short