Funding you earn now, next payment 04:00 UTC−0.0271%/8h= −29.7% APRnext payment −$1.36 per $10,000 · paid last 24h −0.032%
Price spread now: Bitget against Bybit−0.044%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.044%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bitget is 0.062% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.36 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 MUBARAKUSDT | 0.04497 | 0.0407 | pay 0.0204% / 4h | 1h 59m | $3.5M | $11.0M | 25x |
| Short | Bitget MUBARAKUSDT | 0.04495 | 0.0136 | get 0.0068% / 4h | 1h 59m | $2.9M | $7.3M | 25x |
Bybit MUBARAKUSDT
Bitget MUBARAKUSDTFunding 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
- −$56.93
- Price spread: −0.044% → +0.017%
- −$6.18
- Slippage, 4 orders
- −$116.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$202.36
- Costs to cover
- 1.393%
- 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.10 bp | 48.8 bp −$49 | 197.1 bp −$1,971 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.65 bp | 22.9 bp −$23 | 73.3 bp −$733 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | −0.0446% | 1h | 0.04505 | +0.176% | $58K | $433K | 10x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04492 | −0.120% | $2.7M | $55.9M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04503 | +0.134% | $14K | $51K | — | as long as short |
| Bitget MUBARAKUSDTshort | +0.0136% | 4h | 0.04495 | −0.044% | $2.9M | $7.3M | 25x | |
| Binance MUBARAKUSDT | +0.0191% | 4h | 0.04494 | −0.067% | $16.4M | $89.6M | 25x | as long as short |
| MEXC MUBARAK_USDT | +0.0196% | 4h | 0.04494 | −0.067% | $876K | $1.5M | 50x | as long as short |
| Aster MUBARAKUSDT | +0.0365% | 4h | 0.04493 | −0.090% | $18K | $440K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0370% | 4h | 0.04496 | −0.022% | $1.7M | $1.1M | 30x | as long as short |
| Bybit MUBARAKUSDTlong | +0.0407% | 4h | 0.04497 | long leg | $3.5M | $11.0M | 25x | |
| BingX MUBARAK-USDT | +0.0462% | 4h | 0.04494 | −0.067% | — | $3.1M | — | as long as short |
Kraken Futures PF_MUBARAKUSD
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
Binance MUBARAKUSDT
MEXC MUBARAK_USDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.1424% | 4h | 0.04498 | +0.022% | $7.1M | $5.3M | 50x | as long as short |
Gate MUBARAK_USDT