Funding you earn now, next payment 04:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.110%
Price spread now: Bitget against Bybit−0.019%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as 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 days0.000%$0 · spread now −0.019%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.040%.
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 +$1.16 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 B2USDT | 0.5130 | 0.0100 | pay 0.0050% / 4h | 46m 57s | $1.6M | $2.1M | 20x |
| Short | Bitget B2USDT | 0.5129 | 0.0332 | get 0.0166% / 4h | 46m 57s | $2.8M | $1.0M | 50x |
Bybit B2USDT
Bitget B2USDTFunding 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
- $48.72
- Price spread: −0.019% → −0.040%
- $2.06
- Slippage, 4 orders
- −$154.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$127.2
- Costs to cover
- 1.780%
- Break-even
- 25.3 days
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 6 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, 5 min ago | 6.90 bp | 51.7 bp −$52 | 451.5 bp −$4,515 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 10.91 bp | 39.1 bp −$39 | 175.0 bp −$1,750 | 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 B2USDTlong | +0.0100% | 4h | 0.5130 | long leg | $1.6M | $2.1M | 20x | |
| Bitget B2USDTshort | +0.0332% | 4h | 0.5129 | −0.019% | $2.8M | $1.0M | 50x | |
| Variational Omni B2 | +0.0484% | 4h | 0.5071 | −1.158% | $14K | $2K | — | as long as short |
| Binance B2USDT | +0.0490% | 4h | 0.5132 | +0.040% | $8.3M | $10.2M | 50x | as long as short |
| BingX B2-USDT | +0.0494% | 4h | 0.5134 | +0.078% | — | $1.3M | — | as long as short |
| MEXC B2_USDT | +0.0498% | 4h | 0.5130 | 0.000% | $570K | $387K | 100x | as long as short |
| Aster B2USDT | +0.0864% | 4h | 0.5126 | −0.069% | $161K | $171K | 5x | as long as short |
| KuCoin B2USDTM | +0.0994% | 4h | 0.5131 | +0.019% | $1.0M | $319K | 50x | as long as short |
| Gate B2_USDT | +0.2276% | 4h | 0.5142 | +0.234% | $922K | $359K | 20x | as long as short |
Variational Omni B2
Binance B2USDT
BingX B2-USDT
MEXC B2_USDT
Aster B2USDT
KuCoin B2USDTM
Gate B2_USDT