Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.075%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1491.487% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.075%, 7d avg +0.124%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.048% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.124%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PUNDIXUSDT | 0.1198 | 0.0100 | pay 0.0050% / 4h | 3h 36m | $238K | $233K | 20x |
| Short | Bybit PUNDIXUSDT | 0.1199 | 0.0100 | get 0.0050% / 4h | 3h 36m | $780K | $411K | 20x |
Bitget PUNDIXUSDT
Bybit PUNDIXUSDTFunding 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: +0.075% → +0.124%
- −$4.85
- Slippage, 4 orders
- −$125.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$153.52
- Costs to cover
- 1.487%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; Bybit: live order book, 33 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, 28 min ago | 2.94 bp | 21.8 bp −$22 | 207.6 bp −$2,076 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 33 min ago | 2.94 bp | 55.6 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1200 | +0.175% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1198 | +0.006% | $1.4M | $1.8M | 50x | as long as short |
| Bybit PUNDIXUSDTshort | +0.0100% | 4h | 0.1199 | +0.075% | $780K | $411K | 20x | |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1198 | 0.000% | $37K | $7K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1198 | +0.017% | $2.4M | $105K | 50x | as long as short |
| Bitget PUNDIXUSDTlong | +0.0100% | 4h | 0.1198 | long leg | $238K | $233K | 20x | |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1200 | +0.135% | $1K | $60K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Variational Omni PUNDIX