Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit−0.163%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$576as in the Funding arb table
Net, price: spread back to 7d avg − costs−$588as in the Price arb table
costs, in and out, $10k−$5765.763% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.163%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.119% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AUCTIONUSDT | 3.6760 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $586K | $266K | 25x |
| Short | Gate AUCTION_USDT | 3.6700 | 0.0100 | get 0.0100% / 8h | 2h 40m | $104K | $63K | 50x |
Bybit AUCTIONUSDT
Gate AUCTION_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: −0.163% → −0.045%
- −$11.86
- Slippage, 4 orders
- −$550.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$588.14
- Costs to cover
- 5.763%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 65 min ago; Gate: live order book, 65 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, 65 min ago | 4.05 bp | 43.4 bp −$43 | 80.2 bp −$802 | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 6.75 bp | 302.6 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | +0.0004% | 1h | 3.6792 | +0.086% | $8K | $259 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6727 | −0.091% | $917 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6720 | −0.109% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDTlong | +0.0100% | 4h | 3.6760 | long leg | $586K | $266K | 25x | |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6730 | −0.082% | $783K | $676K | 20x | as long as short |
| Gate AUCTION_USDTshort | +0.0100% | 8h | 3.6700 | −0.163% | $104K | $63K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6700 | −0.163% | $432K | $144K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6770 | +0.027% | $367K | $115K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6720 | −0.109% | $370K | $146K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6750 | −0.027% | — | $13.8M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6794 | +0.093% | $171 | $38 | — | as long as short |
Variational Omni AUCTION