Settings8H · net · $10k
Funding arb · Price arb /

F

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against Bybit0.000%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days+0.357%+$36 · spread now 0.000%, 7d avg −0.048%
Together, before fees+0.360%+$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUSDT0.0036840.0100pay 0.0050% / 4h1h 40m$2.3M$2.3M25x
ShortBitget FUSDT0.0036840.0100get 0.0050% / 4h1h 40m$481K$801K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.048%
$4.79
Slippage, 4 orders
−$69.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$87.85
Costs to cover
0.926%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago4.07 bp23.9 bp −$24176.1 bp −$1,761doesn't fitdoesn't fit
Sell Bitget live order book, 45 min ago1.36 bp20.4 bp −$2063.1 bp −$631doesn't fitdoesn't fit

F on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX F-USDT-SWAP−0.0263%4h0.003682−0.054%$710K$2.1M20xas long as short
Gate F_USDT−0.0029%8h0.003685+0.027%$147K$1.4M25xas long as short
Aster FUSDT+0.0100%4h0.003685+0.020%$15K$28K5xas long as short
Binance FUSDT+0.0100%4h0.0036840.000%$3.9M$6.3M50xas long as short
Bybit FUSDTlong+0.0100%4h0.003684long leg$2.3M$2.3M25x
MEXC F_USDT+0.0100%4h0.003681−0.081%$619K$173K50xas long as short
KuCoin FUSDTM+0.0100%4h0.003688+0.109%$660K$1.2M30xas long as short
Bitget FUSDTshort+0.0100%4h0.0036840.000%$481K$801K50x
BingX F-USDT+0.0100%4h0.003685+0.027%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003682−0.060%$702$386as long as short