Funding you earn now, next payment 04:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against Bybit−0.135%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$585as in the Funding arb table
Net, price: spread back to 7d avg − costs−$593as in the Price arb table
costs, in and out, $10k−$5855.853% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.135%, 7d avg −0.056%
=Funding pays, the price is against you. Gate is 0.079% cheaper against Bybit than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.056%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ACTUSDT | 0.01111 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $598K | $414K | 25x |
| Short | Gate ACT_USDT | 0.01109 | 0.0226 | get 0.0113% / 4h | 2h 11m | $143K | $77K | 25x |
Bybit ACTUSDT
Gate ACT_USDTFunding 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
- $26.46
- Price spread: −0.135% → −0.056%
- −$7.88
- Slippage, 4 orders
- −$559.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$566.71
- Costs to cover
- 5.853%
- Break-even
- 156.9 days
Slippage from Bybit: live order book, 48 min ago; Gate: live order book, 49 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, 48 min ago | 5.43 bp | 121.4 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 4.53 bp | 185.7 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01110 | −0.077% | $2.1M | $2.3M | 10x | as long as short |
| Bybit ACTUSDTlong | +0.0100% | 4h | 0.01111 | long leg | $598K | $414K | 25x | |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01110 | −0.054% | $6.5M | $111K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01110 | −0.045% | $268K | $87K | 10x | as long as short |
| Gate ACT_USDTshort | +0.0226% | 4h | 0.01109 | −0.135% | $143K | $77K | 25x | |
| OKX ACT-USDT-SWAP | +0.0324% | 4h | 0.01111 | +0.009% | $803K | $1.5M | 10x | as long as short |
| BingX ACT-USDT | +0.0346% | 4h | 0.01111 | +0.009% | — | $1.3M | — | as long as short |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
BingX ACT-USDT