Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.108%
Price spread now: Bybit against Gate−0.020%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,129as in the Price arb table
costs, in and out, $10k−$1,13811.377% of the position
Funding, last 7 days−0.411%−$41 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.020%, 7d avg −0.105%
=The price spread pays, funding is against you. Bybit is 0.085% dearer against Gate than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.105%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 4_USDT | 0.01989 | 0.0262 | pay 0.0131% / 4h | 2h 32m | $528K | $300K | 20x |
| Short | Bybit 4USDT | 0.01989 | 0.0100 | get 0.0050% / 4h | 2h 32m | $2.6M | $2.0M | 5x |
Gate 4_USDT
Bybit 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$34.02
- Price spread: −0.020% → −0.105%
- $8.51
- Slippage, 4 orders
- −$1,111.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,163.24
- Costs to cover
- 11.377%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; Bybit: live order book, 10 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, 13 min ago | 5.73 bp | 417.0 bp −$417 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 7.23 bp | 162.8 bp −$163 | 640.9 bp −$6,409 | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTshort | +0.0100% | 4h | 0.01989 | −0.020% | $2.6M | $2.0M | 5x | |
| Variational Omni 4 | +0.0100% | 4h | 0.02004 | +0.744% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.01986 | −0.156% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0196% | 4h | 0.01994 | +0.236% | $236K | $112K | 5x | as long as short |
| BingX 4-USDT | +0.0252% | 4h | 0.01998 | +0.463% | — | $1.4M | — | as long as short |
| Gate 4_USDTlong | +0.0262% | 4h | 0.01989 | long leg | $528K | $300K | 20x | |
| Binance 4USDT | +0.0272% | 4h | 0.01996 | +0.327% | $7.8M | $13.3M | 20x | as long as short |
| MEXC 4_USDT | +0.0276% | 4h | 0.01996 | +0.347% | $1.6M | $910K | 100x | as long as short |
| KuCoin 4USDTM | +0.0540% | 4h | 0.01991 | +0.096% | $877K | $12.5M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
BingX 4-USDT
Binance 4USDT
MEXC 4_USDT
KuCoin 4USDTM