Funding you earn now, next payment 08:00 UTC+0.0462%/8h= +50.6% APRnext payment +$2.31 per $10,000 · paid last 24h +0.125%
Price spread now: Bitget against Gate+0.029%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1081.083% of the position
Funding, last 7 days−0.781%−$78 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.029%, 7d avg +0.160%
=Funding pays, the price is against you. Bitget is 0.131% cheaper against Gate than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.160%). If the spread goes back, that is −$13 on $10k: about 23 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.781%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 牛来_USDT | 0.1032 | 0.0224 | pay 0.0112% / 4h | 1h 52m | $2.8M | $5.6M | 20x |
| Short | Bitget 牛来USDT | 0.1032 | 0.0686 | get 0.0343% / 4h | 1h 52m | $1.6M | $4.8M | 10x |
Gate 牛来_USDT
Bitget 牛来USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $97.02
- Price spread: +0.029% → +0.160%
- −$13.13
- Slippage, 4 orders
- −$81.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$24.37
- Costs to cover
- 1.083%
- Break-even
- 8.8 days
Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.39 bp | 31.3 bp −$31 | 738.2 bp −$7,382 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 7.21 bp | 26.6 bp −$27 | 58.6 bp −$586 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 牛来USDT | +0.0100% | 4h | 0.1030 | −0.174% | $31.2M | $81.0M | 10x | as long as short |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1030 | −0.155% | $1K | $412K | 10x | as long as short |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1034 | +0.184% | $127K | $962K | 20x | as long as short |
| Gate 牛来_USDTlong | +0.0224% | 4h | 0.1032 | long leg | $2.8M | $5.6M | 20x | |
| Aster 牛来USDT | +0.0248% | 4h | 0.1030 | −0.155% | $565K | $445K | 10x | as long as short |
| Bitget 牛来USDTshort | +0.0686% | 4h | 0.1032 | +0.029% | $1.6M | $4.8M | 10x |
Binance 牛来USDT
SunX 牛来-USDT
HTX 牛来-USDT
Aster 牛来USDT