Funding you earn now, next payment 00:00 UTC−0.0560%/8h= −61.3% APRnext payment −$2.80 per $10,000 · paid last 24h −0.035%
Price spread now: Bitget against Gate+0.052%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,055as in the Funding arb table
Net, price: spread back to 7d avg − costs−$999as in the Price arb table
costs, in and out, $10k−$1,00710.067% of the position
Funding, last 7 days−0.485%−$48 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.052%, 7d avg −0.022%
=The price spread pays, funding is against you. Bitget is 0.074% dearer against Gate than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.022%): +$7 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.485% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AIO_USDT | 0.03862 | 0.0660 | pay 0.0330% / 4h | 36m 50s | $450K | $151K | 20x |
| Short | Bitget AIOUSDT | 0.03864 | 0.0100 | get 0.0050% / 4h | 36m 50s | $1.2M | $397K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$117.6
- Price spread: +0.052% → −0.022%
- $7.38
- Slippage, 4 orders
- −$979.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,116.92
- Costs to cover
- 10.067%
- Break-even
- never at this rate
Slippage from Gate: live order book, 39 min ago; Bitget: live order book, 4 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 Gate live order book, 39 min ago | 7.80 bp | 535.5 bp −$536 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.58 bp | 41.9 bp −$42 | 251.4 bp −$2,514 | doesn't fit | doesn't fit |
AIO on 8 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 AIOUSDT | +0.0100% | 4h | 0.03874 | +0.303% | $3.1M | $2.1M | 50x | as long as short |
| Bybit AIOUSDT | +0.0100% | 4h | 0.03867 | +0.129% | $572K | $68K | 5x | as long as short |
| MEXC AIO_USDT | +0.0100% | 4h | 0.03872 | +0.259% | $228K | $121K | 50x | as long as short |
| KuCoin AIOUSDTM | +0.0100% | 4h | 0.03864 | +0.052% | $791K | $58K | 30x | as long as short |
| Bitget AIOUSDTshort | +0.0100% | 4h | 0.03864 | +0.052% | $1.2M | $397K | 50x | |
| BingX AIO-USDT | +0.0100% | 4h | 0.03873 | +0.285% | — | $6.6M | — | as long as short |
| Aster AIOUSDT | +0.0183% | 4h | 0.03867 | +0.128% | $21K | $19K | 5x | as long as short |
| Gate AIO_USDTlong | +0.0660% | 4h | 0.03862 | long leg | $450K | $151K | 20x |
Gate AIO_USDT
Bitget AIOUSDT
Binance AIOUSDT
Bybit AIOUSDT
MEXC AIO_USDT
KuCoin AIOUSDTM
BingX AIO-USDT
Aster AIOUSDT