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

XEC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0703%/8h= −77.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.228%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$352as in the Price arb table
costs, in and out, $10k−$3423.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.641%−$64 · spread now −0.228%, 7d avg −0.131%
Together, before fees−0.641%−$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bybit is 0.097% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.131%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000XECUSDT0.0000087680.0100pay 0.0050% / 4h1h 39m$1.2M$681K50x
ShortBybit 1000XECUSDT0.000008748−0.0603pay 0.0603% / 8h5h 39m$665K$720K20x

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
−$147.59
Price spread: −0.228% → −0.131%
−$9.72
Slippage, 4 orders
−$319.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$499.44
Costs to cover
3.421%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 15 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, 1 min ago6.86 bp45.2 bp −$45202.8 bp −$2,028doesn't fitdoesn't fit
Sell Bybit live order book, 15 min ago3.45 bp109.4 bp −$109doesn't fitdoesn't fitdoesn't fit

XEC on 7 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
Bybit 1000XECUSDTshort−0.0603%8h0.000008748−0.228%$665K$720K20x
KuCoin XECUSDTM−0.0584%4h0.000008760−0.091%$182K$107K20xas long as short
Aster 1000XECUSDT−0.0208%4h0.000008776+0.091%$2K$37K5xas long as short
Binance 1000XECUSDT−0.0041%4h0.000008761−0.081%$1.7M$7.0M75xas long as short
Extended kXEC-USD−0.0040%1h0.000008761−0.084%$3K5xas long as short
MEXC XEC_USDT−0.0028%4h0.000008760−0.091%$340K$106K20xas long as short
Bitget 1000XECUSDTlong+0.0100%4h0.000008768long leg$1.2M$681K50x