data as of
Settings8H · net · $10k
Funding arb /

USDC

all USDC markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0076%/8h
next payment, per $10,000$0.76paid, last 24h−0.002%paid, last 7 days−0.048%to open and close $10k−$27
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USDCUSDT1.00000get 0.0000% / 8h13m 08s$9.5M$421K50x
ShortBitget USDCUSDT0.9995−0.0076pay 0.0076% / 8h13m 08s$4.3M$18K50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$15.96
Slippage, 4 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$42.96
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.050%
Avg gap 7d
−0.043%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.50 bp6.0 bp −$68.0 bp −$80431.9 bp −$43.2Kdoesn't fit
Sell Bitget live order book, 1 min ago1.00 bp8.0 bp −$88.0 bp −$8015.0 bp −$1,496doesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin USDCUSDTM−0.0157%8h$2.5M$18K30xas long as short
Bitget USDCUSDTshort−0.0076%8h$4.3M$18K50x
Binance USDCUSDT−0.0062%8h$4.5M$2.9M50xas long as short
MEXC USDC_USDT−0.0062%8h$16.4M$185K200xas long as short
Kraken Futures PF_USDCUSD−0.0043%1h$14K$92850xas long as short
Bybit USDCUSDTlong0.0000%8h$9.5M$421K50x
OKX USDC-USDT-SWAP0.0000%8h$1.1M$41K50xas long as short
Gate USDC_USDT+0.0037%8h$253K$21K50xas long as short