Funding you earn now, next payment 04:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.80 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.058%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−$513as 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)+0.199%+$20 · spread now −0.058%, 7d avg +0.124%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.183% cheaper against Gate than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.124%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALCH_USDT | 0.05145 | 0.0260 | pay 0.0130% / 4h | 1h 45m | $285K | $665K | 20x |
| Short | Bitget ALCHUSDT | 0.05142 | 0.0100 | get 0.0050% / 4h | 1h 45m | $923K | $1.8M | 10x |
Gate ALCH_USDT
Bitget ALCHUSDTFunding 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
- −$33.6
- Price spread: −0.058% → +0.124%
- −$18.26
- Slippage, 4 orders
- −$468.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$546.88
- Costs to cover
- 4.950%
- Break-even
- never at this rate
Slippage from Gate: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 15.62 bp | 201.0 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.77 bp | 66.2 bp −$66 | 255.1 bp −$2,551 | 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 | 0.05132 | −0.253% | $3.1M | $6.0M | 20x | as long as short |
| Bitget ALCHUSDTshort | +0.0100% | 4h | 0.05142 | −0.058% | $923K | $1.8M | 10x | |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | −0.552% | $3K | $17K | — | as long as short |
| Gate ALCH_USDTlong | +0.0260% | 4h | 0.05145 | long leg | $285K | $665K | 20x | |
| BingX ALCH-USDT | +0.1242% | 4h | 0.05141 | −0.078% | — | $6.7M | — | as long as short |
| Aster ALCHUSDT | +0.1251% | 4h | 0.05140 | −0.099% | $13K | $100K | 5x | as long as short |
| Binance ALCHUSDT | +0.1328% | 4h | 0.05134 | −0.214% | $6.1M | $27.1M | 10x | as long as short |
| MEXC ALCH_USDT | +0.1330% | 4h | 0.05137 | −0.155% | $4.9M | $2.4M | 100x | as long as short |
| BloFin ALCH-USDT | +0.1369% | 4h | 0.05118 | −0.525% | — | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1554% | 4h | 0.05135 | −0.194% | $1.2M | $276K | 10x | as long as short |
Bybit ALCHUSDT
Variational Omni ALCH
BingX ALCH-USDT
Aster ALCHUSDT
Binance ALCHUSDT
MEXC ALCH_USDT
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 | −0.556% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD