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

STABLE

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Alert: funding
Alert: spread
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+0.033%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2202.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.263%−$26 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.033%, 7d avg +0.048%
Together, before fees−0.261%−$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STABLEUSDT0.024290.0100pay 0.0050% / 4h2h 22m$279K$94K25x
ShortBybit STABLEUSDT0.024300.0100get 0.0050% / 4h2h 22m$1.5M$788K25x

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 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: +0.033% → +0.048%
−$1.48
Slippage, 4 orders
−$197.24
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$221.72
Costs to cover
2.202%
Break-even
never at this rate
Slippage from Bitget: live order book, 18 min ago; Bybit: 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 Bitget live order book, 18 min ago6.16 bp72.2 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago6.18 bp42.0 bp −$42239.7 bp −$2,397doesn't fitdoesn't fit

STABLE on 15 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 STABLE-USDT+0.0073%4h0.02425−0.165%$113K$7K75xas long as short
Lighter STABLE+0.0096%1h0.02442+0.519%$112K$6K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02428−0.058%$853K$183K3xas long as short
Aster STABLEUSDT+0.0100%4h0.02429+0.014%$18K$10K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02427−0.082%$2.4M$2.8M75xas long as short
Bybit STABLEUSDTshort+0.0100%4h0.02430+0.033%$1.5M$788K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02425−0.165%$208K$426K20xas long as short
Gate STABLE_USDT+0.0100%4h0.02428−0.041%$173K$59K50xas long as short
MEXC STABLE_USDT+0.0100%4h0.02426−0.124%$581K$165K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02430+0.041%$176K$28K30xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STABLEUSDTlong+0.0100%4h0.02429long leg$279K$94K25x
BingX STABLE-USDT+0.0100%4h0.02428−0.041%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02428−0.058%$142K$8Kas long as short
SunX STABLE-USDT+0.0100%4h0.02427−0.099%$2K$915K20xas long as short
Extended STABLE-USD+0.0104%1h0.02426−0.109%$12K$230K10xas long as short