Settings8H · net · $10k
Funding arb · Price arb /

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.099%
Price spread now: Bitget against Bybit+0.007%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1571.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.273%+$27 on $10k
Price spread, last 7 days+0.044%+$4 · spread now +0.007%, 7d avg +0.046%
Together, before fees+0.318%+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CPUSDT0.013730.0100pay 0.0050% / 4h3h 07m$1.5M$2.4M20x
ShortBitget CPUSDT0.013730.0100get 0.0050% / 4h3h 07m$788K$1.5M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.007% → +0.046%
−$3.9
Slippage, 4 orders
−$133.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$160.56
Costs to cover
1.567%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.64 bp50.7 bp −$51465.1 bp −$4,651doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago9.82 bp29.9 bp −$3080.4 bp −$804doesn't fitdoesn't fit

CP on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin CP-USDT+0.0066%4h0.01374+0.073%$420$37K20xas long as short
BingX CP-USDT+0.0070%4h0.01371−0.146%$1.0Mas long as short
Bybit CPUSDTlong+0.0100%4h0.01373long leg$1.5M$2.4M20x
OKX CP-USDT-SWAP+0.0100%4h0.01372−0.073%$3.8M$10.8M20xas long as short
Gate CP_USDT+0.0100%4h0.013730.000%$568K$520K20xas long as short
MEXC CP_USDT+0.0100%4h0.013730.000%$1.5M$370K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01375+0.146%$191K$907K20xas long as short
Bitget CPUSDTshort+0.0100%4h0.01373+0.007%$788K$1.5M20x