Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against Bybit+0.110%7-day average −0.263% · you sell dearer than you buy
Net, funding: paid 7d − costs−$379as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3833.829% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days−0.357%−$36 · spread now +0.110%, 7d avg −0.263%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.373% dearer against Bybit than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.263%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01545 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $3.1M | $996K | 20x |
| Short | Bitget USUSDT | 0.01547 | 0.0100 | get 0.0050% / 4h | 3h 09m | $4.1M | $292K | 10x |
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 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: +0.110% → −0.263%
- $37.32
- Slippage, 4 orders
- −$359.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$345.6
- Costs to cover
- 3.829%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 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, 3 min ago | 9.69 bp | 150.6 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 14.86 bp | 56.1 bp −$56 | 244.8 bp −$2,448 | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.2360% | 4h | 0.01539 | −0.395% | $3.5M | $565K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01545 | +0.032% | $14K | $52K | 5x | as long as short |
| Bybit USUSDTlong | +0.0100% | 4h | 0.01545 | long leg | $3.1M | $996K | 20x | |
| Gate US_USDT | +0.0100% | 4h | 0.01544 | −0.091% | $1.9M | $690K | 20x | as long as short |
| Bitget USUSDTshort | +0.0100% | 4h | 0.01547 | +0.110% | $4.1M | $292K | 10x | |
| Variational Omni US | +0.0100% | 4h | 0.01549 | +0.242% | $16K | $4K | — | as long as short |
| Extended US-USD | +0.0208% | 1h | 0.01543 | −0.106% | $4K | $203K | 5x | as long as short |
| MEXC US_USDT | +0.0208% | 4h | 0.01544 | −0.039% | $5.2M | $121K | 100x | as long as short |
| Binance USUSDT | +0.0209% | 4h | 0.01544 | −0.097% | $8.7M | $3.6M | 10x | as long as short |
| BingX US-USDT | +0.0214% | 4h | 0.01544 | −0.045% | — | $1.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0217% | 4h | 0.01547 | +0.142% | $461K | $46K | 10x | as long as short |
Bybit USUSDT
Bitget USUSDT
KuCoin USUSDTM
Aster USUSDT
Gate US_USDT
Variational Omni US
Extended US-USD
MEXC US_USDT
Binance USUSDT
BingX US-USDT
BloFin US-USDT