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

W

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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−0.067%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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WUSDT0.011880.0100pay 0.0050% / 4h3h 56m$1.3M$567K50x
ShortBybit WUSDT0.011870.0100get 0.0050% / 4h3h 56m$4.2M$1.8M50x

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: −0.067% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago8.40 bp27.2 bp −$27103.7 bp −$1,037doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago6.33 bp32.6 bp −$33133.2 bp −$1,332doesn't fitdoesn't fit

W on 17 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
Deribit W_USDC-PERPETUAL−0.0424%1h0.01187−0.093%$15K$3K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+1.768%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01187−0.084%$2.0M$332K5xas long as short
Binance WUSDT+0.0100%4h0.01186−0.130%$3.0M$6.3M50xas long as short
Bybit WUSDTshort+0.0100%4h0.01187−0.067%$4.2M$1.8M50x
OKX W-USDT-SWAP+0.0100%4h0.01186−0.160%$1.3M$1.8M20xas long as short
Gate W_USDT+0.0100%4h0.01189+0.084%$450K$210K75xas long as short
MEXC W_USDT+0.0100%4h0.01187−0.126%$12.8M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01187−0.084%$376K$210K50xas long as short
Bitget WUSDTlong+0.0100%4h0.01188long leg$1.3M$567K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01187−0.076%$6.8Mas long as short
Variational Omni W+0.0100%4h0.01188−0.022%$72K$41Kas long as short
GRVT W_USDT_Perp+0.0100%4h0.01188−0.002%$128K$402K10xas long as short
Extended W-USD+0.0104%1h0.01186−0.129%$62K$230K5xas long as short
Coinbase International W-PERP-INTX+0.0440%1h0.01195+0.623%$14K$15K50xas long as short
Backpack W_USDC_PERP+0.1755%1h0.01189+0.084%$44K$43K15xas long as short
Kraken Futures PF_WUSD+0.1758%1h0.01191+0.228%$147K$184K20xas long as short