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

ACT

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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 +0.006%
Price spread now: Gate against Bitget−0.272%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4154.150% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.272%, 7d avg −0.028%
Together, before fees+0.259%+$26 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: Gate is 0.245% cheaper against Bitget than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ACTUSDT0.011010.0100pay 0.0050% / 4h2h 52m$265K$87K10x
ShortGate ACT_USDT0.010980.0100get 0.0050% / 4h2h 52m$142K$77K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: −0.272% → −0.028%
−$24.48
Slippage, 4 orders
−$387.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$439.44
Costs to cover
4.150%
Break-even
never at this rate
Slippage from Bitget: live order book, 7 min ago; Gate: live order book, 8 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 Bitget live order book, 7 min ago9.05 bp46.9 bp −$47521.7 bp −$5,217doesn't fitdoesn't fit
Sell Gate live order book, 8 min ago4.53 bp185.7 bp −$186doesn't fitdoesn't fitdoesn't fit

ACT on 7 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
Binance ACTUSDT+0.0100%4h0.01101+0.036%$2.1M$2.3M10xas long as short
Bybit ACTUSDT+0.0100%4h0.01103+0.182%$591K$410K25xas long as short
Gate ACT_USDTshort+0.0100%4h0.01098−0.272%$142K$77K25x
MEXC ACT_USDT+0.0100%4h0.01101−0.009%$6.4M$109K20xas long as short
Bitget ACTUSDTlong+0.0100%4h0.01101long leg$265K$87K10x
BingX ACT-USDT+0.0158%4h0.01099−0.191%$1.3Mas long as short
OKX ACT-USDT-SWAP+0.0161%4h0.01103+0.191%$791K$1.5M10xas long as short