Settings8H · net · $10k
Funding arb · Price arb /

A

all A markets
SwapBacktest
Alert: funding
Alert: spread
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: Bitget against Gate−0.022%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$713as in the Price arb table
costs, in and out, $10k−$7077.070% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.022%, 7d avg +0.035%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.057% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate A_USDT0.092920.0100pay 0.0050% / 4h58m 10s$217K$66K50x
ShortBitget AUSDT0.092900.0100get 0.0050% / 4h58m 10s$908K$182K75x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.022% → +0.035%
−$5.68
Slippage, 4 orders
−$680.01
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$712.69
Costs to cover
7.070%
Break-even
never at this rate
Slippage from Gate: live order book, 58 min ago; Bitget: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 58 min ago19.38 bp227.3 bp −$227doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 63 min ago4.30 bp33.7 bp −$3498.4 bp −$984doesn't fitdoesn't fit

A on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective A/USDC PERP+0.0033%1h0.08945−3.734%$1K$55.5xas long as short
Binance AUSDT+0.0100%4h0.09275−0.178%$2.9M$3.1M75xas long as short
Bybit AUSDT+0.0100%4h0.09266−0.280%$3.2M$964K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09275−0.183%$731K$486K10xas long as short
Gate A_USDTlong+0.0100%4h0.09292long leg$217K$66K50x
MEXC A_USDT+0.0100%4h0.09287−0.054%$4.0M$135K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09296+0.043%$681K$49K75xas long as short
Bitget AUSDTshort+0.0100%4h0.09290−0.022%$908K$182K75x
BingX A-USDT+0.0100%4h0.09286−0.065%$6.5Mas long as short
Variational Omni A+0.0100%4h0.09274−0.193%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDT+0.0116%4h0.092920.000%$150K$7K75xas long as short