Funding you earn now, next payment 04:00 UTC−0.1290%/8h= −141.2% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.329%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3003.000% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.329%, 7d avg −0.135%
=Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and Bybit is 0.195% cheaper against Bitget than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.135%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment. 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 | Bitget 1000XECUSDT | 0.000008803 | 0.0100 | pay 0.0050% / 4h | 1m 25s | $1.1M | $726K | 50x |
| Short | Bybit 1000XECUSDT | 0.000008774 | −0.1190 | pay 0.1190% / 8h | 4h 01m | $678K | $813K | 20x |
Bitget 1000XECUSDT
Bybit 1000XECUSDTFunding 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
- −$270.88
- Price spread: −0.329% → −0.135%
- −$19.45
- Slippage, 4 orders
- −$277.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$590.34
- Costs to cover
- 3.000%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 49 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, 5 min ago | 5.71 bp | 27.2 bp −$27 | 227.9 bp −$2,279 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 49 min ago | 5.77 bp | 89.7 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
XEC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000XECUSDTshort | −0.1190% | 8h | 0.000008774 | −0.329% | $678K | $813K | 20x | |
| KuCoin XECUSDTM | −0.0508% | 4h | 0.000008810 | +0.080% | $183K | $108K | 20x | as long as short |
| Aster 1000XECUSDT | −0.0245% | 4h | 0.000008817 | +0.156% | $2K | $39K | 5x | as long as short |
| Extended kXEC-USD | −0.0072% | 1h | 0.000008802 | −0.006% | $3K | — | 5x | as long as short |
| MEXC XEC_USDT | −0.0068% | 4h | 0.000008807 | +0.045% | $339K | $111K | 20x | as long as short |
| Binance 1000XECUSDT | −0.0064% | 4h | 0.000008805 | +0.023% | $1.8M | $7.6M | 75x | as long as short |
| Bitget 1000XECUSDTlong | +0.0100% | 4h | 0.000008803 | long leg | $1.1M | $726K | 50x |
KuCoin XECUSDTM
Aster 1000XECUSDT
Extended kXEC-USD
MEXC XEC_USDT
Binance 1000XECUSDT