Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.108%
Price spread now: Bitget against Bybit−0.142%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.142%, 7d avg −0.040%
=Funding pays, the price is against you. Bitget is 0.102% cheaper against Bybit than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of −0.040%). If the spread goes back, that is −$10 on $10k: about 3.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.072% in total) that is about 9.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit B2USDT | 0.4946 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $1.6M | $2.1M | 20x |
| Short | Bitget B2USDT | 0.4939 | 0.0200 | get 0.0100% / 4h | 3h 10m | $2.7M | $889K | 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
- $21
- Price spread: −0.142% → −0.040%
- −$10.18
- Slippage, 4 orders
- −$110.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$122.2
- Costs to cover
- 1.330%
- Break-even
- 47.7 days
Slippage from Bybit: live order book, 2 min ago; Bitget: 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 Bybit live order book, 2 min ago | 2.02 bp | 22.1 bp −$22 | 279.4 bp −$2,794 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.06 bp | 36.9 bp −$37 | 151.6 bp −$1,516 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDTlong | +0.0100% | 4h | 0.4946 | long leg | $1.6M | $2.1M | 20x | |
| Binance B2USDT | +0.0159% | 4h | 0.4950 | +0.077% | $8.0M | $10.1M | 50x | as long as short |
| MEXC B2_USDT | +0.0168% | 4h | 0.4945 | −0.020% | $538K | $376K | 100x | as long as short |
| Bitget B2USDTshort | +0.0200% | 4h | 0.4939 | −0.142% | $2.7M | $889K | 50x | |
| BingX B2-USDT | +0.0222% | 4h | 0.4950 | +0.081% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0530% | 4h | 0.4942 | −0.072% | $155K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0555% | 4h | 0.4956 | +0.204% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.0756% | 4h | 0.4951 | +0.101% | $993K | $311K | 50x | as long as short |
| Gate B2_USDT | +0.0988% | 4h | 0.4955 | +0.182% | $900K | $412K | 20x | as long as short |
Bybit B2USDT
Bitget B2USDT
Binance B2USDT
MEXC B2_USDT
BingX B2-USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM
Gate B2_USDT