Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.098%
Price spread now: Bybit against Bitget+0.028%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1581.575% of the position
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.028%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.073% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CPUSDT | 0.01405 | 0.0100 | pay 0.0050% / 4h | 49m 35s | $809K | $1.5M | 20x |
| Short | Bybit CPUSDT | 0.01405 | 0.0100 | get 0.0050% / 4h | 49m 35s | $1.5M | $2.6M | 20x |
Bitget CPUSDT
Bybit CPUSDTFunding 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: +0.028% → −0.045%
- $7.31
- Slippage, 4 orders
- −$134.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$150.23
- Costs to cover
- 1.575%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 3 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 | 7.12 bp | 25.3 bp −$25 | 249.3 bp −$2,493 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 7.16 bp | 44.1 bp −$44 | 321.0 bp −$3,210 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01404 | −0.043% | — | $1.0M | — | as long as short |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01405 | +0.028% | $1.5M | $2.6M | 20x | |
| Gate CP_USDT | +0.0100% | 4h | 0.01407 | +0.171% | $626K | $548K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01409 | +0.313% | $202K | $892K | 20x | as long as short |
| Bitget CPUSDTlong | +0.0100% | 4h | 0.01405 | long leg | $809K | $1.5M | 20x | |
| BloFin CP-USDT | +0.0113% | 4h | 0.01402 | −0.185% | $430 | $41K | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0137% | 4h | 0.01404 | −0.043% | $4.0M | $11.4M | 20x | as long as short |
| MEXC CP_USDT | +0.0142% | 4h | 0.01407 | +0.171% | $1.5M | $353K | 20x | as long as short |
BingX CP-USDT
Gate CP_USDT
KuCoin CPUSDTM
BloFin CP-USDT
OKX CP-USDT-SWAP
MEXC CP_USDT