Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against Bitget+0.027%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.027%, 7d avg +0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALTUSDT | 0.007497 | 0.0100 | pay 0.0050% / 4h | 0m 33s | $600K | $143K | 50x |
| Short | Bybit ALTUSDT | 0.007499 | 0.0100 | get 0.0050% / 4h | 0m 33s | $1.2M | $1.8M | 25x |
Bitget ALTUSDT
Bybit ALTUSDTFunding 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: +0.027% → +0.032%
- −$0.57
- Slippage, 4 orders
- −$101.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$124.68
- Costs to cover
- 1.241%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 35 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, 35 min ago | 4.68 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.00 bp | 29.1 bp −$29 | 147.1 bp −$1,471 | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0141% | 1h | 0.007505 | +0.103% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0017% | 1h | 0.007506 | +0.120% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.588% | $837 | $22 | 5.5x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007496 | −0.013% | $1.1M | $136K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007502 | +0.069% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDTshort | +0.0100% | 4h | 0.007499 | +0.027% | $1.2M | $1.8M | 25x | |
| Gate ALT_USDT | +0.0100% | 8h | 0.007494 | −0.040% | $49K | $392K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007503 | +0.080% | $378K | $170K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007506 | +0.120% | $143K | $19K | 30x | as long as short |
| Bitget ALTUSDTlong | +0.0100% | 4h | 0.007497 | long leg | $600K | $143K | 50x |
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTMShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007500 | +0.040% | — | $1.3M | — | as long as short |
| Variational Omni ALT | +0.0100% | 4h | 0.007494 | −0.040% | $4K | $14K | — | as long as short |
| BloFin ALT-USDT | +0.0102% | 4h | 0.007511 | +0.187% | $167K | $8K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0480% | 1h | 0.007524 | +0.360% | $13K | $2K | 50x | as long as short |
BingX ALT-USDT
Variational Omni ALT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX