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

ANET

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.081%+$8 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ANETUSDT206.250get 0.0000% / 8h5h 54m$78K$119K20x
ShortBybit ANETUSDT206.960.0030get 0.0030% / 8h5h 54m$86K$203K25x

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, just now8.00 bp15.2 bp −$1517.2 bp −$172doesn't fitdoesn't fit
Sell Bybit live order book, 56 min ago8.45 bp108.2 bp −$108doesn't fitdoesn't fitdoesn't fit

ANET on 7 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
Gate ANET_USDT0.0000%8h207.14+0.432%$170K$8K20xas long as short
Bitget ANETUSDTlong0.0000%8h206.25long leg$78K$119K20x
Phemex ANETUSDT0.0000%8h206.99+0.359%$21K$33K10xas long as short
Binance ANETUSDT+0.0002%8h206.99+0.357%$142K$416K20xas long as short
Bybit ANETUSDTshort+0.0030%8h206.96+0.344%$86K$203K25x
Injective ANET/USDC PERP+0.0033%1h199.61−3.219%$2K$32K12xas long as short
HTX ANET-USDT+0.0100%8h207.01+0.368%$3K$46K20xas long as short