Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.025%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.025%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.030% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TQQQUSDT | 78.870 | 0 | get 0.0000% / 8h | 57m 38s | $2.5M | $7.0M | 25x |
| Short | Bitget TQQQUSDT | 78.850 | −0.0049 | pay 0.0049% / 8h | 57m 38s | $7.6M | $2.9M | 20x |
Bybit TQQQUSDT
Bitget TQQQUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.29
- Price spread: −0.025% → +0.005%
- −$3.01
- Slippage, 4 orders
- −$19.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$55.62
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 6 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 Bybit live order book, 5 min ago | 1.27 bp | 12.2 bp −$12 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 0.63 bp | 10.8 bp −$11 | 23.3 bp −$233 | 61.8 bp −$6,180 | doesn't fit |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0094% | 8h | 78.820 | −0.063% | $179K | $503K | 10x | as long as short |
| Bitget TQQQUSDTshort | −0.0049% | 8h | 78.850 | −0.025% | $7.6M | $2.9M | 20x | |
| Aster TQQQUSDT | 0.0000% | 8h | 78.841 | −0.037% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.826 | −0.056% | $18.1M | $49.3M | 20x | as long as short |
| Bybit TQQQUSDTlong | 0.0000% | 8h | 78.870 | long leg | $2.5M | $7.0M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.830 | −0.051% | $2.2M | $6.1M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.840 | −0.038% | $1.6M | $244K | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.893 | +0.029% | $2K | $108K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.910 | +0.051% | $14K | $16K | 10x | as long as short |
| BloFin TQQQ-USDT | +0.0021% | 8h | 78.940 | +0.089% | $149K | $33K | 20x | as long as short |
KuCoin TQQQUSDTM
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin TQQQ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.830 | −0.051% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos