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

BOT

RWAall BOT markets
SwapBacktest
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: Bitget against Bybit+0.034%7-day average +0.356% · you sell dearer than you buy
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as 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)+0.446%+$45 · spread now +0.034%, 7d avg +0.356%
Together, before fees+0.265%+$26 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: Bitget is 0.322% cheaper against Bybit than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.356%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BOTUSDT29.4900get 0.0000% / 8h7h 34m$568K$330K25x
ShortBitget BOTUSDT29.5000get 0.0000% / 8h7h 34m$251K$129K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.034% → +0.356%
−$32.24
Slippage, 4 orders
−$296.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$351.49
Costs to cover
3.193%
Break-even
never at this rate
Slippage from Bybit: live order book, 31 min ago; Bitget: live order book, 30 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 Bybit live order book, 31 min ago8.52 bp105.2 bp −$105212.1 bp −$2,121doesn't fitdoesn't fit
Sell Bitget live order book, 30 min ago20.43 bp79.4 bp −$7987.2 bp −$872doesn'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%1h29.470−0.068%$3K$9K5xas long as short
KuCoin BOTUSDTM−0.2036%8h29.480−0.034%$97K$309K20xas long as short
Binance BOTUSDT−0.1623%8h29.480−0.034%$451K$1.2M10xas long as short
Variational Omni BOT−0.1559%8h29.485−0.015%$32K$20Kas long as short
OKX BOT-USDT-SWAP−0.1329%8h29.520+0.102%$236K$228K20xas long as short
QFEX BOT-USD−0.0049%1h29.450−0.136%$1.2M$522K10xas long as short
Bybit BOTUSDTlong0.0000%8h29.490long leg$568K$330K25x
Gate BOT_USDT0.0000%8h29.520+0.102%$251K$227K20xas long as short
Bitget BOTUSDTshort0.0000%8h29.500+0.034%$251K$129K5x
Lighter BOT+0.0032%1h29.665+0.593%$68K$4K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BOT-USDT+0.0100%8h29.505+0.051%$3K$34K10xas long as short
tradeXYZ xyz:BOT+0.1033%1h29.471−0.064%$3.1M$811K10xas long as short