Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Bybit−0.163%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$3913.906% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.163%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.155% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REDUSDT | 0.1594 | 0.0100 | pay 0.0050% / 4h | 3h 49m | $1.9M | $2.1M | 25x |
| Short | Bitget REDUSDT | 0.1591 | 0.0100 | get 0.0050% / 4h | 3h 49m | $777K | $369K | 20x |
Bybit REDUSDT
Bitget REDUSDTFunding 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
- $0
- Price spread: −0.163% → −0.008%
- −$15.49
- Slippage, 4 orders
- −$367.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$406.09
- Costs to cover
- 3.906%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 46 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, 3 min ago | 5.35 bp | 149.9 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 12.59 bp | 48.8 bp −$49 | 181.5 bp −$1,815 | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0049% | 4h | 0.1587 | −0.414% | $220K | $6K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1591 | −0.151% | $28K | $39K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1591 | −0.163% | $2.3M | $4.4M | 50x | as long as short |
| Bybit REDUSDTlong | +0.0100% | 4h | 0.1594 | long leg | $1.9M | $2.1M | 25x | |
| Gate RED_USDT | +0.0100% | 4h | 0.1591 | −0.163% | $361K | $95K | 25x | as long as short |
| Bitget REDUSDTshort | +0.0100% | 4h | 0.1591 | −0.163% | $777K | $369K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1588 | −0.346% | $27K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1624 | +1.908% | $2K | $864K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1586 | −0.504% | $32 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0342% | 4h | 0.1588 | −0.351% | $526K | $163K | 20x | as long as short |
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT