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

USUAL

all USUAL markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h0.000%paid, last 7 days−0.124%to open and close $10k−$117
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit USUALUSDT0.013500.0100pay 0.0050% / 4h55m 36s$991K$969K25x
ShortBitget USUALUSDT0.013510.0100get 0.0050% / 4h55m 36s$821K$533K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$93.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.65
Break-even
never at this rate
Slippage from Bybit: live order book, 26 min ago; Bitget: live order book, 31 min ago.

Price risk

price view
Price gap now
+0.037%
Avg gap 7d
−0.035%
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, 26 min ago2.96 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 31 min ago7.41 bp22.9 bp −$23119.2 bp −$1,192doesn't fitdoesn't fit

USUAL on 11 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective USUAL/USDC PERP−0.4872%1h$6K$17K5.5xas long as short
Kraken Futures PF_USUALUSD−0.1051%1h$110K$26K10xas long as short
Hyperliquid USUAL+0.0100%1h$394K$234K3xas long as short
Binance USUALUSDT+0.0100%4h$2.1M$3.6M50xas long as short
Bybit USUALUSDTlong+0.0100%4h$991K$969K25x
Gate USUAL_USDT+0.0100%8h$902K$259K50xas long as short
MEXC USUAL_USDT+0.0100%4h$5.9M$294K100xas long as short
KuCoin USUALUSDTM+0.0100%4h$285K$66K20xas long as short
Bitget USUALUSDTshort+0.0100%4h$821K$533K50x
BingX USUAL-USDT+0.0100%4h$1.2Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni USUAL+0.0100%4h$9K$21as long as short