Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.149%
Price spread now: Bybit against Bitget+0.344%7-day average +0.238% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2472.474% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.344%, 7d avg +0.238%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.106% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.238%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ANETUSDT | 206.25 | 0 | get 0.0000% / 8h | 5h 54m | $78K | $119K | 20x |
| Short | Bybit ANETUSDT | 206.96 | 0.0030 | get 0.0030% / 8h | 5h 54m | $86K | $203K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.31
- Price spread: +0.344% → +0.238%
- $10.61
- Slippage, 4 orders
- −$224.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$230.49
- Costs to cover
- 2.474%
- Break-even
- 262.8 days
Slippage from Bitget: live order book, just now; Bybit: live order book, 56 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, just now | 8.00 bp | 15.2 bp −$15 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 56 min ago | 8.45 bp | 108.2 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
ANET 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ANET_USDT | 0.0000% | 8h | 207.14 | +0.432% | $170K | $8K | 20x | as long as short |
| Bitget ANETUSDTlong | 0.0000% | 8h | 206.25 | long leg | $78K | $119K | 20x | |
| Phemex ANETUSDT | 0.0000% | 8h | 206.99 | +0.359% | $21K | $33K | 10x | as long as short |
| Binance ANETUSDT | +0.0002% | 8h | 206.99 | +0.357% | $142K | $416K | 20x | as long as short |
| Bybit ANETUSDTshort | +0.0030% | 8h | 206.96 | +0.344% | $86K | $203K | 25x | |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −3.219% | $2K | $32K | 12x | as long as short |
| HTX ANET-USDT | +0.0100% | 8h | 207.01 | +0.368% | $3K | $46K | 20x | as long as short |
Bitget ANETUSDT
Bybit ANETUSDT
Gate ANET_USDT
Phemex ANETUSDT
Binance ANETUSDT
Injective ANET/USDC PERP
HTX ANET-USDT