Funding you earn now, next payment 12:00 UTC+0.0321%/8h= +35.1% APRnext payment +$1.60 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.016%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3613.611% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.016%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.064% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.080%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.60 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 FLUXUSDT | 0.06362 | −0.0221 | get 0.0110% / 4h | 3h 49m | $306K | $181K | 20x |
| Short | Bitget FLUXUSDT | 0.06361 | 0.0100 | get 0.0050% / 4h | 3h 49m | $310K | $123K | 50x |
Bybit FLUXUSDT
Bitget FLUXUSDTFunding 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
- $67.33
- Price spread: −0.016% → −0.080%
- $6.44
- Slippage, 4 orders
- −$338.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$287.35
- Costs to cover
- 3.611%
- Break-even
- 36.9 days
Slippage from Bybit: live order book, 31 min ago; Bitget: live order book, 41 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, 31 min ago | 10.26 bp | 158.2 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 41 min ago | 13.69 bp | 48.0 bp −$48 | 469.7 bp −$4,697 | doesn't fit | doesn't fit |
FLUX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FLUXUSDT | −0.0575% | 4h | 0.06359 | −0.048% | $40K | $703 | 5x | as long as short |
| Bybit FLUXUSDTlong | −0.0221% | 4h | 0.06362 | long leg | $306K | $181K | 20x | |
| Binance FLUXUSDT | +0.0100% | 4h | 0.06359 | −0.047% | $1.2M | $1.4M | 50x | as long as short |
| Gate FLUX_USDT | +0.0100% | 4h | 0.06352 | −0.157% | $48K | $21K | 20x | as long as short |
| MEXC FLUX_USDT | +0.0100% | 4h | 0.06353 | −0.141% | $5.0M | $184K | 100x | as long as short |
| KuCoin FLUXUSDTM | +0.0100% | 4h | 0.06362 | 0.000% | $207K | $50K | 30x | as long as short |
| Bitget FLUXUSDTshort | +0.0100% | 4h | 0.06361 | −0.016% | $310K | $123K | 50x | |
| BingX FLUX-USDT | +0.0100% | 4h | 0.06357 | −0.079% | — | $1.3M | — | as long as short |
| Variational Omni FLUX | +0.0100% | 4h | 0.06345 | −0.260% | $7K | $262 | — | as long as short |
| BloFin FLUX-USDT | +0.0138% | 4h | 0.06344 | −0.283% | $76K | $11K | 50x | as long as short |
Aster FLUXUSDT
Binance FLUXUSDT
Gate FLUX_USDT
MEXC FLUX_USDT
KuCoin FLUXUSDTM
BingX FLUX-USDT
Variational Omni FLUX
BloFin FLUX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLUXUSD | +0.4602% | 1h | 0.06363 | +0.021% | $6K | $119 | 10x | as long as short |
Kraken Futures PF_FLUXUSD