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−0.067%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now −0.067%, 7d avg −0.057%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WUSDT | 0.01188 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $1.3M | $567K | 50x |
| Short | Bybit WUSDT | 0.01187 | 0.0100 | get 0.0050% / 4h | 3h 56m | $4.2M | $1.8M | 50x |
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 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: −0.067% → −0.057%
- −$1.08
- Slippage, 4 orders
- −$104.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.35
- Costs to cover
- 1.273%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 1 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 Bitget live order book, 5 min ago | 8.40 bp | 27.2 bp −$27 | 103.7 bp −$1,037 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.33 bp | 32.6 bp −$33 | 133.2 bp −$1,332 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0424% | 1h | 0.01187 | −0.093% | $15K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.768% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01187 | −0.084% | $2.0M | $332K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01186 | −0.130% | $3.0M | $6.3M | 50x | as long as short |
| Bybit WUSDTshort | +0.0100% | 4h | 0.01187 | −0.067% | $4.2M | $1.8M | 50x | |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01186 | −0.160% | $1.3M | $1.8M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01189 | +0.084% | $450K | $210K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01187 | −0.126% | $12.8M | $1.3M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01187 | −0.084% | $376K | $210K | 50x | as long as short |
| Bitget WUSDTlong | +0.0100% | 4h | 0.01188 | long leg | $1.3M | $567K | 50x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01187 | −0.076% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01188 | −0.022% | $72K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01188 | −0.002% | $128K | $402K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01186 | −0.129% | $62K | $230K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0440% | 1h | 0.01195 | +0.623% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1755% | 1h | 0.01189 | +0.084% | $44K | $43K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1758% | 1h | 0.01191 | +0.228% | $147K | $184K | 20x | as long as short |
Bitget WUSDT
Bybit WUSDT
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD