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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000XECUSDT | 0.000008768 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $1.2M | $681K | 50x |
| Short | Bybit 1000XECUSDT | 0.000008748 | −0.0603 | pay 0.0603% / 8h | 5h 39m | $665K | $720K | 20x |
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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 6.86 bp | 45.2 bp −$45 | 202.8 bp −$2,028 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 3.45 bp | 109.4 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
XEC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000XECUSDTshort | −0.0603% | 8h | 0.000008748 | −0.228% | $665K | $720K | 20x | |
| KuCoin XECUSDTM | −0.0584% | 4h | 0.000008760 | −0.091% | $182K | $107K | 20x | as long as short |
| Aster 1000XECUSDT | −0.0208% | 4h | 0.000008776 | +0.091% | $2K | $37K | 5x | as long as short |
| Binance 1000XECUSDT | −0.0041% | 4h | 0.000008761 | −0.081% | $1.7M | $7.0M | 75x | as long as short |
| Extended kXEC-USD | −0.0040% | 1h | 0.000008761 | −0.084% | $3K | — | 5x | as long as short |
| MEXC XEC_USDT | −0.0028% | 4h | 0.000008760 | −0.091% | $340K | $106K | 20x | as long as short |
| Bitget 1000XECUSDTlong | +0.0100% | 4h | 0.000008768 | long leg | $1.2M | $681K | 50x |
Bitget 1000XECUSDT
Bybit 1000XECUSDT
KuCoin XECUSDTM
Aster 1000XECUSDT
Binance 1000XECUSDT
Extended kXEC-USD
MEXC XEC_USDT