Funding you earn now, next payment 04:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.93 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.097%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costs−$516as in the Price arb table
costs, in and out, $10k−$5335.332% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+1.764%+$176 · spread now +0.097%, 7d avg −0.076%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.173% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.076%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.93 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 | Bybit ALCHUSDT | 0.05133 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $3.0M | $6.0M | 20x |
| Short | Gate ALCH_USDT | 0.05138 | 0.0286 | get 0.0143% / 4h | 1h 43m | $284K | $665K | 20x |
Bybit ALCHUSDT
Gate ALCH_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
- $39.06
- Price spread: +0.097% → −0.076%
- $17.31
- Slippage, 4 orders
- −$507.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$476.85
- Costs to cover
- 5.332%
- Break-even
- 92.5 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 9 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, 5 min ago | 5.86 bp | 83.2 bp −$83 | 634.7 bp −$6,347 | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 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 ALCHUSDTlong | +0.0100% | 4h | 0.05133 | long leg | $3.0M | $6.0M | 20x | |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05143 | +0.195% | $923K | $1.8M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | −0.319% | $3K | $17K | — | as long as short |
| Gate ALCH_USDTshort | +0.0286% | 4h | 0.05138 | +0.097% | $284K | $665K | 20x | |
| BingX ALCH-USDT | +0.1242% | 4h | 0.05139 | +0.117% | — | $6.7M | — | as long as short |
| Aster ALCHUSDT | +0.1251% | 4h | 0.05150 | +0.336% | $13K | $101K | 5x | as long as short |
| MEXC ALCH_USDT | +0.1326% | 4h | 0.05143 | +0.195% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.1327% | 4h | 0.05144 | +0.214% | $6.1M | $27.1M | 10x | as long as short |
| BloFin ALCH-USDT | +0.1353% | 4h | 0.05137 | +0.078% | $399K | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1548% | 4h | 0.05130 | −0.058% | $1.2M | $276K | 10x | as long as short |
Bitget 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 | +0.3855% | 1h | 0.05139 | +0.109% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD