Funding you earn now, next payment 04:00 UTC+0.1104%/8h= +120.9% APRnext payment +$5.52 per $10,000 · paid last 24h −0.220%
Price spread now: Gate against Bitget−0.428%7-day average −0.402% · you buy dearer than you sell
Net, funding: paid 7d − costs−$919as in the Funding arb table
Net, price: spread back to 7d avg − costs−$982as in the Price arb table
costs, in and out, $10k−$9799.794% of the position
Funding, last 7 days+0.604%+$60 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.428%, 7d avg −0.402%
=Funding pays, the price is against you. Gate is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.428% now, against its 7-day average of −0.402%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.604% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.604% in total (about 31.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AINUSDT | 0.02104 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $553K | $273K | 10x |
| Short | Gate AIN_USDT | 0.02095 | 0.1204 | get 0.0602% / 4h | 2h 12m | $724K | $329K | 5x |
Bitget AINUSDT
Gate AIN_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $231.84
- Price spread: −0.428% → −0.402%
- −$2.55
- Slippage, 4 orders
- −$952.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$750.12
- Costs to cover
- 9.794%
- Break-even
- 29.6 days
Slippage from Bitget: live order book, 53 min ago; Gate: live order book, 54 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 Bitget live order book, 53 min ago | 13.97 bp | 86.4 bp −$86 | 591.8 bp −$5,918 | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 9.36 bp | 100.4 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
AIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AINUSDTlong | +0.0100% | 4h | 0.02104 | long leg | $553K | $273K | 10x | |
| KuCoin AINUSDTM | +0.1022% | 4h | 0.02101 | −0.143% | $1.0M | $500K | 10x | as long as short |
| Gate AIN_USDTshort | +0.1204% | 4h | 0.02095 | −0.428% | $724K | $329K | 5x | |
| BingX AIN-USDT | +0.2318% | 4h | 0.02089 | −0.713% | — | $6.5M | — | as long as short |
| Binance AINUSDT | +0.2423% | 4h | 0.02083 | −0.998% | $6.8M | $7.6M | 10x | as long as short |
| MEXC AIN_USDT | +0.2428% | 4h | 0.02084 | −0.951% | $2.1M | $795K | 100x | as long as short |
| Aster AINUSDT | +0.2620% | 4h | 0.02084 | −0.945% | $187K | $228K | 5x | as long as short |
KuCoin AINUSDTM
BingX AIN-USDT
Binance AINUSDT
MEXC AIN_USDT
Aster AINUSDT