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

BOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.073%
Price spread now: Bybit against Bitget−0.135%7-day average −0.356% · you buy dearer than you sell
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3193.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.182%+$18 on $10k
Price spread, last 4 days (all we have)−0.346%−$35 · spread now −0.135%, 7d avg −0.356%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.222% dearer against Bitget than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.356%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BOTUSDT29.7100get 0.0000% / 8h7h 06m$251K$131K5x
ShortBybit BOTUSDT29.6700get 0.0000% / 8h7h 06m$476K$413K25x

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
$0
Price spread: −0.135% → −0.356%
$22.16
Slippage, 4 orders
−$296.25
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$297.09
Costs to cover
3.193%
Break-even
never at this rate
Slippage from Bitget: live order book, 58 min ago; Bybit: live order book, 58 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, 58 min ago20.43 bp49.8 bp −$5057.9 bp −$579doesn't fitdoesn't fit
Sell Bybit live order book, 58 min ago8.52 bp84.8 bp −$85219.5 bp −$2,195doesn't fitdoesn't fit

BOT on 12 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
Arcus BOT-USD−0.9989%1h29.650−0.202%$3K$9K5xas long as short
KuCoin BOTUSDTM−0.1884%8h29.7100.000%$96K$293K20xas long as short
Binance BOTUSDT−0.1359%8h29.666−0.148%$455K$1.2M10xas long as short
Variational Omni BOT−0.1343%8h29.690−0.067%$31K$21Kas long as short
OKX BOT-USDT-SWAP−0.1276%8h29.690−0.067%$236K$233K20xas long as short
QFEX BOT-USD−0.0049%1h29.680−0.101%$1.2M$520K10xas long as short
Bybit BOTUSDTshort0.0000%8h29.670−0.135%$476K$413K25x
Gate BOT_USDT0.0000%8h29.7100.000%$259K$245K20xas long as short
Bitget BOTUSDTlong0.0000%8h29.710long leg$251K$131K5x
Lighter BOT+0.0032%1h29.824+0.384%$68K$4K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BOT-USDT+0.0100%8h29.736+0.088%$3K$34K10xas long as short
tradeXYZ xyz:BOT+0.2097%1h29.645−0.219%$3.2M$825K10xas long as short