Funding you earn now, next payment 04:00 UTC+0.0596%/8h= +65.3% APRnext payment +$2.98 per $10,000 · paid last 24h +0.068%
Price spread now: Gate against Bybit−0.027%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,167as in the Price arb table
costs, in and out, $10k−$1,16911.687% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.027%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit APRUSDT | 0.1467 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.4M | $664K | 20x |
| Short | Gate APR_USDT | 0.1467 | 0.0696 | get 0.0348% / 4h | 1h 17m | $693K | $183K | 25x |
Bybit APRUSDT
Gate APR_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
- $125.16
- Price spread: −0.027% → −0.044%
- $1.72
- Slippage, 4 orders
- −$1,142.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,041.78
- Costs to cover
- 11.687%
- Break-even
- 65.3 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 45 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, 4 min ago | 3.40 bp | 225.8 bp −$226 | 6616.5 bp −$66.2K | doesn't fit | doesn't fit |
| Sell Gate live order book, 45 min ago | 13.19 bp | 214.9 bp −$215 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDT | +0.0076% | 4h | 0.1471 | +0.259% | $289K | $112K | 50x | as long as short |
| Binance APRUSDT | +0.0100% | 4h | 0.1467 | −0.014% | $6.7M | $5.3M | 50x | as long as short |
| Bybit APRUSDTlong | +0.0100% | 4h | 0.1467 | long leg | $1.4M | $664K | 20x | |
| MEXC APR_USDT | +0.0100% | 4h | 0.1468 | +0.055% | $362K | $176K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1468 | +0.055% | $2K | $1.1M | 20x | as long as short |
| Bitget APRUSDT | +0.0200% | 4h | 0.1466 | −0.095% | $3.9M | $954K | 50x | as long as short |
| HTX APR-USDT | +0.0223% | 4h | 0.1471 | +0.259% | $19K | $58K | 20x | as long as short |
| BingX APR-USDT | +0.0386% | 4h | 0.1467 | −0.014% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0412% | 4h | 0.1468 | +0.055% | $1.3M | $2.5M | 20x | as long as short |
| Gate APR_USDTshort | +0.0696% | 4h | 0.1467 | −0.027% | $693K | $183K | 25x |
BloFin APR-USDT
Binance APRUSDT
MEXC APR_USDT
SunX APR-USDT
Bitget APRUSDT
HTX APR-USDT
BingX APR-USDT
OKX APR-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0820% | 4h | 0.1467 | −0.005% | $71K | $100K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0906% | 4h | 0.1468 | +0.082% | $2.4M | $348K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM