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

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0320%/8h= +35.1% APRnext payment +$1.60 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against Bitget+0.018%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$3 on $10k
Price spread, last 7 days+0.043%+$4 · spread now +0.018%, 7d avg −0.018%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.036% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUBARAKUSDT0.043840.0100pay 0.0050% / 4h2h 23m$2.7M$7.0M25x
ShortBybit MUBARAKUSDT0.043850.0420get 0.0210% / 4h2h 23m$3.4M$10.4M25x

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

Profit calculator

Funding earned
$67.29
Price spread: +0.018% → −0.018%
$3.62
Slippage, 4 orders
−$117.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$69.15
Costs to cover
1.401%
Break-even
14.2 days
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 5 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 Bitget live order book, 5 min ago5.67 bp27.7 bp −$2887.9 bp −$879doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.70 bp42.3 bp −$42182.1 bp −$1,821doesn't fitdoesn't fit

MUBARAK on 11 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 MUBARAK-USDT-SWAP+0.0100%4h0.04382−0.046%$2.6M$52.2M20xas long as short
Bitget MUBARAKUSDTlong+0.0100%4h0.04384long leg$2.7M$7.0M25x
Variational Omni MUBARAK+0.0100%4h0.04408+0.538%$13K$51Kas long as short
MEXC MUBARAK_USDT+0.0256%4h0.04385+0.023%$852K$1.5M50xas long as short
Binance MUBARAKUSDT+0.0257%4h0.04382−0.046%$15.9M$84.7M25xas long as short
Gate MUBARAK_USDT+0.0328%4h0.04391+0.160%$6.9M$5.4M50xas long as short
BingX MUBARAK-USDT+0.0380%4h0.04385+0.023%$3.1Mas long as short
Aster MUBARAKUSDT+0.0404%4h0.04386+0.055%$17K$389K5xas long as short
Bybit MUBARAKUSDTshort+0.0420%4h0.04385+0.018%$3.4M$10.4M25x
Kraken Futures PF_MUBARAKUSD+0.0804%1h0.04386+0.041%$64K$410K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MUBARAKUSDTM+0.1804%4h0.04403+0.433%$1.6M$938K30xas long as short