Funding you earn now, next payment 00:00 UTC+0.0627%/8h= +68.7% APRnext payment +$3.14 per $10,000 · paid last 24h +0.018%
Price spread now: Bitget against Bybit+0.025%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$399as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$3973.972% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.025%, 7d avg +0.124%
=Funding pays, the price is against you. Bitget is 0.099% cheaper against Bybit than usual: you would sell low and buy high (spread +0.025% now, against its 7-day average of +0.124%). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$19 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.14 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 | Bybit BUSDT | 0.2029 | 0.0615 | pay 0.0307% / 4h | 49m 45s | $1.8M | $968K | 13x |
| Short | Bitget BUSDT | 0.2030 | 0.1242 | get 0.0621% / 4h | 49m 45s | $2.8M | $230K | 10x |
Bybit BUSDT
Bitget BUSDTFunding 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
- $131.7
- Price spread: +0.025% → +0.124%
- −$9.93
- Slippage, 4 orders
- −$374.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$275.37
- Costs to cover
- 3.972%
- Break-even
- 21.6 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 3.69 bp | 177.1 bp −$177 | 2807.8 bp −$28.1K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.38 bp | 22.3 bp −$22 | 145.6 bp −$1,456 | doesn't fit | doesn't fit |
B on 11 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 B_USDT | +0.0100% | 4h | 0.2030 | +0.025% | $3.4M | $588K | 20x | as long as short |
| KuCoin BUSDTM | +0.0264% | 4h | 0.2031 | +0.049% | $1.9M | $72K | 10x | as long as short |
| Bybit BUSDTlong | +0.0615% | 4h | 0.2029 | long leg | $1.8M | $968K | 13x | |
| BloFin B-USDT | +0.0780% | 4h | 0.2031 | +0.074% | $593K | $39K | 20x | as long as short |
| edgeX BUSDC | +0.0809% | 4h | 0.2031 | +0.070% | $3K | $390K | 5x | as long as short |
| MEXC B_USDT | +0.0830% | 4h | 0.2031 | +0.074% | $976K | $349K | 100x | as long as short |
| Extended B-USD | +0.0832% | 1h | 0.2031 | +0.073% | $15K | $117K | 5x | as long as short |
| Binance BUSDT | +0.0835% | 4h | 0.2031 | +0.097% | $11.7M | $2.0M | 20x | as long as short |
| BingX B-USDT | +0.1166% | 4h | 0.2032 | +0.123% | — | $1.2M | — | as long as short |
| Bitget BUSDTshort | +0.1242% | 4h | 0.2030 | +0.025% | $2.8M | $230K | 10x |
Gate B_USDT
KuCoin BUSDTM
BloFin B-USDT
edgeX BUSDC
MEXC B_USDT
Extended B-USD
Binance BUSDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1405% | 4h | 0.2033 | +0.172% | $1.9M | $211K | 5x | as long as short |
Aster BUSDT