Funding you earn now, next payment 04:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h −0.110%
Price spread now: Bybit against Bitget+0.158%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1781.780% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days−0.139%−$14 · spread now +0.158%, 7d avg +0.040%
=The price spread pays, funding is against you. Bybit is 0.118% dearer against Bitget than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.040%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.063% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.19 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 B2USDT | 0.5060 | 0.0338 | pay 0.0169% / 4h | 49m 49s | $2.8M | $1.0M | 50x |
| Short | Bybit B2USDT | 0.5068 | 0.0100 | get 0.0050% / 4h | 49m 49s | $1.6M | $2.1M | 20x |
Bitget B2USDT
Bybit B2USDTFunding 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
- −$49.98
- Price spread: +0.158% → +0.040%
- $11.8
- Slippage, 4 orders
- −$154.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$216.16
- Costs to cover
- 1.780%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago | 10.91 bp | 38.7 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.90 bp | 48.6 bp −$49 | 265.1 bp −$2,651 | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDTshort | +0.0100% | 4h | 0.5068 | +0.158% | $1.6M | $2.1M | 20x | |
| Bitget B2USDTlong | +0.0338% | 4h | 0.5060 | long leg | $2.8M | $1.0M | 50x | |
| Variational Omni B2 | +0.0484% | 4h | 0.5071 | +0.210% | $14K | $2K | — | as long as short |
| MEXC B2_USDT | +0.0496% | 4h | 0.5069 | +0.178% | $564K | $386K | 100x | as long as short |
| BingX B2-USDT | +0.0496% | 4h | 0.5064 | +0.079% | — | $1.3M | — | as long as short |
| Binance B2USDT | +0.0497% | 4h | 0.5067 | +0.138% | $8.2M | $10.2M | 50x | as long as short |
| Aster B2USDT | +0.0862% | 4h | 0.5067 | +0.131% | $160K | $171K | 5x | as long as short |
| KuCoin B2USDTM | +0.0976% | 4h | 0.5076 | +0.316% | $1.0M | $313K | 50x | as long as short |
| Gate B2_USDT | +0.2234% | 4h | 0.5080 | +0.395% | $910K | $358K | 20x | as long as short |
Variational Omni B2
MEXC B2_USDT
BingX B2-USDT
Binance B2USDT
Aster B2USDT
KuCoin B2USDTM
Gate B2_USDT