Funding you earn now, next payment 00:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.99 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against Bitget−0.059%7-day average −0.260% · you buy dearer than you sell
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$3123.119% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 7 days−0.289%−$29 · spread now −0.059%, 7d avg −0.260%
=The price spread pays, funding is against you. Bybit is 0.202% dearer against Bitget than usual: you sell high and buy low (spread −0.059% now, against its 7-day average of −0.260%): +$20 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BANUSDT | 0.06798 | 0.0300 | pay 0.0150% / 4h | 2h 20m | $1.1M | $46K | 25x |
| Short | Bybit BANUSDT | 0.06794 | 0.0101 | get 0.0051% / 4h | 2h 20m | $2.9M | $289K | 13x |
Bitget BANUSDT
Bybit BANUSDTFunding 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
- −$41.73
- Price spread: −0.059% → −0.260%
- $20.16
- Slippage, 4 orders
- −$288.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$333.44
- Costs to cover
- 3.119%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 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, 1 min ago | 5.15 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.47 bp | 121.9 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06804 | +0.088% | $12K | $388 | 5x | as long as short |
| Gate BAN_USDT | +0.0100% | 8h | 0.06786 | −0.177% | $1.2M | $44K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06786 | −0.177% | $313K | $18K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06773 | −0.371% | $16 | — | — | as long as short |
| Bybit BANUSDTshort | +0.0101% | 4h | 0.06794 | −0.059% | $2.9M | $289K | 13x | |
| Bitget BANUSDTlong | +0.0300% | 4h | 0.06798 | long leg | $1.1M | $46K | 25x | |
| Binance BANUSDT | +0.1098% | 4h | 0.06804 | +0.090% | $6.6M | $716K | 25x | as long as short |
| MEXC BAN_USDT | +0.1106% | 4h | 0.06802 | +0.059% | $8.1M | $138K | 100x | as long as short |
Aster BANUSDT
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Binance BANUSDT
MEXC BAN_USDT