Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: Gate against Bybit−0.054%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1891.887% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now −0.054%, 7d avg +0.102%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.156% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ATHUSDT | 0.005532 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $4.4M | $2.4M | 25x |
| Short | Gate ATH_USDT | 0.005529 | 0.0100 | get 0.0050% / 4h | 3h 46m | $789K | $511K | 30x |
Bybit ATHUSDT
Gate ATH_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
- $0
- Price spread: −0.054% → +0.102%
- −$15.64
- Slippage, 4 orders
- −$162.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$204.31
- Costs to cover
- 1.887%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 25 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, 1 min ago | 1.81 bp | 32.9 bp −$33 | 157.6 bp −$1,576 | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 6.32 bp | 55.0 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.2812% | 1h | 0.005529 | −0.059% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0039% | 4h | 0.005533 | +0.012% | $186K | $94K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005540 | +0.145% | $11K | $16 | 5x | as long as short |
| BloFin ATH-USDT | +0.0055% | 4h | 0.005533 | +0.018% | $171K | $68K | 75x | as long as short |
| OKX ATH-USDT-SWAP | +0.0059% | 4h | 0.005535 | +0.054% | $704K | $1.2M | 20x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005541 | +0.166% | $5K | $39K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005541 | +0.169% | $3.4M | $3.9M | 50x | as long as short |
| Bybit ATHUSDTlong | +0.0100% | 4h | 0.005532 | long leg | $4.4M | $2.4M | 25x | |
| Gate ATH_USDTshort | +0.0100% | 4h | 0.005529 | −0.054% | $789K | $511K | 30x | |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005540 | +0.145% | $8.9M | $582K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
BloFin ATH-USDT
OKX ATH-USDT-SWAP
Aster ATHUSDT
Binance ATHUSDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005538 | +0.108% | $558K | $79K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005539 | +0.127% | $1.6M | $854K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005536 | +0.072% | — | $21.3M | — | as long as short |
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT