Funding you earn now, next payment 04:00 UTC−0.1002%/8h= −109.7% APRnext payment −$5.01 per $10,000 · paid last 24h −0.095%
Price spread now: Gate against Bitget−0.214%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
Funding, last 7 days+0.820%+$82 on $10k
+Price spread, last 7 days+0.242%+$24 · spread now −0.214%, 7d avg −0.155%
=Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Gate is 0.060% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.155%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.820%, 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 | Bitget 牛来USDT | 0.1027 | 0.1102 | pay 0.0551% / 4h | 1h 01m | $1.7M | $4.7M | 10x |
| Short | Gate 牛来_USDT | 0.1025 | 0.0100 | get 0.0050% / 4h | 1h 01m | $2.8M | $5.7M | 20x |
Bitget 牛来USDT
Gate 牛来_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$210.42
- Price spread: −0.214% → −0.155%
- −$5.96
- Slippage, 4 orders
- −$100.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$343.46
- Costs to cover
- 1.271%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 5.86 bp | 24.9 bp −$25 | 105.3 bp −$1,053 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.42 bp | 36.7 bp −$37 | 139.7 bp −$1,397 | doesn't fit | doesn't fit |
牛来 on 6 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 牛来_USDTshort | +0.0100% | 4h | 0.1025 | −0.214% | $2.8M | $5.7M | 20x | |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1027 | −0.010% | $1K | $417K | 10x | as long as short |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1027 | −0.029% | $125K | $984K | 20x | as long as short |
| Binance 牛来USDT | +0.0160% | 4h | 0.1027 | −0.020% | $31.4M | $80.8M | 10x | as long as short |
| Aster 牛来USDT | +0.0434% | 4h | 0.1024 | −0.319% | $565K | $457K | 10x | as long as short |
| Bitget 牛来USDTlong | +0.1102% | 4h | 0.1027 | long leg | $1.7M | $4.7M | 10x |
SunX 牛来-USDT
HTX 牛来-USDT
Binance 牛来USDT
Aster 牛来USDT