Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.032%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$725as in the Funding arb table
Net, price: spread back to 7d avg − costs−$741as in the Price arb table
costs, in and out, $10k−$7257.254% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.032%, 7d avg +0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.155% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AUSDT | 0.09286 | 0.0100 | pay 0.0050% / 4h | 56m 21s | $3.2M | $964K | 50x |
| Short | Gate A_USDT | 0.09283 | 0.0100 | get 0.0050% / 4h | 56m 21s | $217K | $66K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.032% → +0.123%
- −$15.53
- Slippage, 4 orders
- −$699.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$740.98
- Costs to cover
- 7.254%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 60 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, 1 min ago | 4.85 bp | 31.8 bp −$32 | 827.0 bp −$8,270 | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 19.38 bp | 419.9 bp −$420 | doesn't fit | doesn't fit | doesn't fit |
A 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.672% | $1K | $5 | 5.5x | as long as short |
| BloFin A-USDT | +0.0074% | 4h | 0.09292 | +0.065% | $150K | $7K | 75x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09300 | +0.151% | $2.9M | $3.1M | 75x | as long as short |
| Bybit AUSDTlong | +0.0100% | 4h | 0.09286 | long leg | $3.2M | $964K | 50x | |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09294 | +0.086% | $732K | $487K | 10x | as long as short |
| Gate A_USDTshort | +0.0100% | 4h | 0.09283 | −0.032% | $217K | $66K | 50x | |
| MEXC A_USDT | +0.0100% | 4h | 0.09299 | +0.140% | $4.0M | $135K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09297 | +0.118% | $681K | $49K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09299 | +0.140% | $909K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09296 | +0.108% | — | $6.5M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni A | +0.0100% | 4h | 0.09274 | −0.128% | $1K | $1 | — | as long as short |
Bybit AUSDT
Gate A_USDT
Injective A/USDC PERP
BloFin A-USDT
Binance AUSDT
OKX A-USDT-SWAP
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni A