Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.057%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.057%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BICOUSDT | 0.02263 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $648K | $454K | 10x |
| Short | Bybit BICOUSDT | 0.02264 | 0.0100 | get 0.0100% / 8h | 7h 58m | $2.5M | $3.7M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.057% → +0.030%
- $2.7
- Slippage, 4 orders
- −$98.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.51
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 12 min ago; Bybit: live order book, 9 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, 12 min ago | 4.44 bp | 19.9 bp −$20 | 87.4 bp −$874 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 1.77 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02266 | +0.137% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02264 | +0.044% | $4.1M | $8.5M | 20x | as long as short |
| Bybit BICOUSDTshort | +0.0100% | 8h | 0.02264 | +0.057% | $2.5M | $3.7M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02261 | −0.088% | $1.9M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02261 | −0.088% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02272 | +0.398% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDTlong | +0.0100% | 8h | 0.02263 | long leg | $648K | $454K | 10x | |
| Variational Omni BICO | +0.0111% | 8h | 0.02267 | +0.188% | $16K | $5K | — | as long as short |
| BingX BICO-USDT | +0.0200% | 8h | 0.02264 | +0.044% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0386% | 8h | 0.02264 | +0.044% | $405K | $297K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3465% | 1h | 0.02284 | +0.948% | $41K | $48K | 20x | as long as short |
Bitget BICOUSDT
Bybit BICOUSDT
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Variational Omni BICO
BingX BICO-USDT
Gate BICO_USDT
Kraken Futures PF_BICOUSD