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

A

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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: Bybit against Gate−0.054%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$735as in the Funding arb table
Net, price: spread back to 7d avg − costs−$728as in the Price arb table
costs, in and out, $10k−$7357.348% 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)−0.093%−$9 · spread now −0.054%, 7d avg −0.123%
Together, before fees−0.093%−$9 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: Bybit is 0.070% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate A_USDT0.093280.0100pay 0.0050% / 4h5m 19s$218K$66K50x
ShortBybit AUSDT0.093230.0100get 0.0050% / 4h5m 19s$3.2M$957K50x

Funding 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 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: −0.054% → −0.123%
$6.97
Slippage, 4 orders
−$708.76
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$727.79
Costs to cover
7.348%
Break-even
never at this rate
Slippage from Gate: live order book, 46 min ago; Bybit: live order book, 2 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, 46 min ago10.79 bp250.9 bp −$251doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.36 bp46.0 bp −$46333.2 bp −$3,332doesn'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%1h0.08945−4.106%$1K$55.5xas long as short
BloFin A-USDT+0.0055%4h0.09346+0.193%$150K$7K75xas long as short
Binance AUSDT+0.0100%4h0.09333+0.054%$2.9M$3.0M75xas long as short
Bybit AUSDTshort+0.0100%4h0.09323−0.054%$3.2M$957K50x
OKX A-USDT-SWAP+0.0100%4h0.09330+0.021%$742K$497K10xas long as short
Gate A_USDTlong+0.0100%4h0.09328long leg$218K$66K50x
MEXC A_USDT+0.0100%4h0.093280.000%$4.0M$137K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09340+0.129%$684K$46K75xas long as short
Bitget AUSDT+0.0100%4h0.09333+0.054%$912K$182K75xas long as short
BingX A-USDT+0.0100%4h0.09329+0.011%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09317−0.119%$1K$1as long as short