Funding you earn now, next payment 08:00 UTC−0.0492%/8h= −53.8% APRnext payment −$2.46 per $10,000 · paid last 24h −0.045%
Price spread now: Bitget against Bybit−0.205%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1621.622% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 7 days+0.150%+$15 · spread now −0.205%, 7d avg −0.083%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.122% cheaper against Bybit than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.083%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.146%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.46 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 | Bybit DEXEUSDT | 1.9500 | 0.0592 | pay 0.0296% / 4h | 3h 57m | $2.4M | $914K | 20x |
| Short | Bitget DEXEUSDT | 1.9460 | 0.0100 | get 0.0050% / 4h | 3h 57m | $3.2M | $484K | 10x |
Bybit DEXEUSDT
Bitget DEXEUSDTFunding 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
- −$103.22
- Price spread: −0.205% → −0.083%
- −$12.23
- Slippage, 4 orders
- −$139.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$277.69
- Costs to cover
- 1.622%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, just now.
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, 5 min ago | 2.56 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 5.14 bp | 20.2 bp −$20 | 79.2 bp −$792 | doesn't fit | doesn't fit |
DEXE on 12 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_DEXEUSD | −0.0186% | 1h | 1.9480 | −0.104% | $43K | $50K | 20x | as long as short |
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.615% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9493 | −0.034% | $173K | $30K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9487 | −0.068% | $7.0M | $8.5M | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9480 | −0.103% | $472K | $807K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9470 | −0.154% | $1.8M | $223K | 20x | as long as short |
| Bitget DEXEUSDTshort | +0.0100% | 4h | 1.9460 | −0.205% | $3.2M | $484K | 10x | |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9490 | −0.051% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9512 | +0.059% | $35K | $388 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9470 | −0.154% | $8K | — | 10x | as long as short |
Kraken Futures PF_DEXEUSD
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythosShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9470 | −0.154% | $397K | $36K | 20x | as long as short |
| Bybit DEXEUSDTlong | +0.0592% | 4h | 1.9500 | long leg | $2.4M | $914K | 20x |
BloFin DEXE-USDT