Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate+0.027%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2132.134% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.027%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.038% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AUCTION_USDT | 3.6860 | 0.0100 | pay 0.0100% / 8h | 4h 56m | $105K | $69K | 50x |
| Short | Bitget AUCTIONUSDT | 3.6870 | 0.0100 | get 0.0050% / 4h | 56m 32s | $371K | $159K | 25x |
Gate AUCTION_USDT
Bitget AUCTIONUSDTFunding 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
- $0
- Price spread: +0.027% → −0.011%
- $3.77
- Slippage, 4 orders
- −$186.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$209.66
- Costs to cover
- 2.134%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; Bitget: live order book, 59 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, 58 min ago | 6.80 bp | 76.2 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 59 min ago | 4.08 bp | 24.0 bp −$24 | 129.8 bp −$1,298 | 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 | −0.0296% | 1h | 3.6872 | +0.032% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6861 | +0.003% | $970 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6882 | +0.061% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6900 | +0.109% | $587K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6890 | +0.081% | $774K | $684K | 20x | as long as short |
| Gate AUCTION_USDTlong | +0.0100% | 8h | 3.6860 | long leg | $105K | $69K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6870 | +0.027% | $437K | $142K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6870 | +0.027% | $369K | $111K | 20x | as long as short |
| Bitget AUCTIONUSDTshort | +0.0100% | 4h | 3.6870 | +0.027% | $371K | $159K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6880 | +0.054% | — | $7.7M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
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 | 3.6838 | −0.060% | $171 | $38 | — | as long as short |
Variational Omni AUCTION