Funding you earn now, next payment 00:00 UTC−0.0368%/8h= −40.3% APRnext payment −$1.84 per $10,000 · paid last 24h −0.095%
Price spread now: Bybit against Bitget0.000%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now 0.000%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.039% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.84 per $10,000. 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 B2USDT | 0.4928 | 0.1534 | pay 0.0767% / 4h | 2h 35m | $2.7M | $1.4M | 50x |
| Short | Bybit B2USDT | 0.4928 | 0.1166 | get 0.0583% / 4h | 2h 35m | $1.5M | $2.8M | 20x |
Bitget B2USDT
Bybit B2USDTFunding 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
- −$77.36
- Price spread: 0.000% → +0.039%
- −$3.87
- Slippage, 4 orders
- −$108.21
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$212.44
- Costs to cover
- 1.312%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 5.07 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.01 bp | 14.9 bp −$15 | 258.3 bp −$2,583 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0966% | 4h | 0.4932 | +0.081% | $561K | $560K | 100x | as long as short |
| Binance B2USDT | +0.0984% | 4h | 0.4925 | −0.061% | $7.9M | $13.2M | 50x | as long as short |
| Aster B2USDT | +0.0991% | 4h | 0.4930 | +0.037% | $155K | $186K | 5x | as long as short |
| Bybit B2USDTshort | +0.1166% | 4h | 0.4928 | 0.000% | $1.5M | $2.8M | 20x | |
| BingX B2-USDT | +0.1454% | 4h | 0.4928 | 0.000% | — | $1.4M | — | as long as short |
| Bitget B2USDTlong | +0.1534% | 4h | 0.4928 | long leg | $2.7M | $1.4M | 50x | |
| Variational Omni B2 | +0.1797% | 4h | 0.4948 | +0.402% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.1922% | 4h | 0.4941 | +0.264% | $1.1M | $316K | 50x | as long as short |
| Gate B2_USDT | +0.2870% | 4h | 0.4942 | +0.284% | $866K | $441K | 20x | as long as short |
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
BingX B2-USDT
Variational Omni B2
KuCoin B2USDTM
Gate B2_USDT