Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.169%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1411.405% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.167%−$17 · spread now +0.169%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.113% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WUSDT | 0.01182 | 0.0100 | pay 0.0050% / 4h | 43m 48s | $4.1M | $1.9M | 50x |
| Short | Bitget WUSDT | 0.01184 | 0.0100 | get 0.0050% / 4h | 43m 48s | $1.3M | $582K | 50x |
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: +0.169% → +0.057%
- $11.26
- Slippage, 4 orders
- −$117.52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$129.26
- Costs to cover
- 1.405%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 5.52 bp | 35.3 bp −$35 | 137.6 bp −$1,376 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.24 bp | 25.0 bp −$25 | 130.0 bp −$1,300 | 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 | 0.0000% | 1h | 0.01184 | +0.195% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.284% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01185 | +0.254% | $2.0M | $345K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01185 | +0.220% | $2.9M | $6.5M | 50x | as long as short |
| Bybit WUSDTlong | +0.0100% | 4h | 0.01182 | long leg | $4.1M | $1.9M | 50x | |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01184 | +0.152% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01179 | −0.262% | $446K | $229K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01184 | +0.203% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01183 | +0.085% | $381K | $212K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01184 | +0.169% | $1.3M | $582K | 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 | 0.01182 | −0.008% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01179 | −0.260% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01178 | −0.304% | $128K | $409K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01184 | +0.203% | $59K | $231K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01183 | +0.068% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0457% | 1h | 0.01187 | +0.389% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1684% | 1h | 0.01187 | +0.416% | $147K | $183K | 20x | as long as short |
Bybit WUSDT
Bitget 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