Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.447%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$495as in the Funding arb table
Net, price: spread back to 7d avg − costs−$527as in the Price arb table
costs, in and out, $10k−$4954.950% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.447%, 7d avg −0.124%
=Funding pays, the price is against you. Gate is 0.323% cheaper against Bitget than usual: you would sell low and buy high (spread −0.447% now, against its 7-day average of −0.124%). If the spread goes back, that is −$32 on $10k: about 7.3 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 | Bitget ALCHUSDT | 0.05143 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $923K | $1.8M | 10x |
| Short | Gate ALCH_USDT | 0.05120 | 0.0248 | get 0.0124% / 4h | 1h 45m | $283K | $665K | 20x |
Bitget ALCHUSDT
Gate ALCH_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
- $31.08
- Price spread: −0.447% → −0.124%
- −$32.29
- Slippage, 4 orders
- −$468.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$496.24
- Costs to cover
- 4.950%
- Break-even
- 118.8 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 6 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, 1 min ago | 8.77 bp | 39.6 bp −$40 | 251.0 bp −$2,510 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 15.62 bp | 188.2 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05127 | −0.311% | $3.0M | $6.0M | 20x | as long as short |
| Bitget ALCHUSDTlong | +0.0100% | 4h | 0.05143 | long leg | $923K | $1.8M | 10x | |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | −0.513% | $3K | $17K | — | as long as short |
| Gate ALCH_USDTshort | +0.0248% | 4h | 0.05120 | −0.447% | $283K | $665K | 20x | |
| BingX ALCH-USDT | +0.1242% | 4h | 0.05143 | 0.000% | — | $6.7M | — | as long as short |
| Aster ALCHUSDT | +0.1251% | 4h | 0.05125 | −0.350% | $13K | $100K | 5x | as long as short |
| MEXC ALCH_USDT | +0.1318% | 4h | 0.05131 | −0.233% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1332% | 4h | 0.05135 | −0.146% | $6.1M | $27.1M | 10x | as long as short |
| BloFin ALCH-USDT | +0.1369% | 4h | 0.05118 | −0.486% | — | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1554% | 4h | 0.05127 | −0.311% | $1.2M | $276K | 10x | as long as short |
Bybit ALCHUSDT
Variational Omni ALCH
BingX ALCH-USDT
Aster ALCHUSDT
MEXC ALCH_USDT
Binance ALCHUSDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3871% | 1h | 0.05116 | −0.518% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD