Funding you earn now, next payment 00:00 UTC+0.0868%/8h= +95.0% APRnext payment +$4.34 per $10,000 · paid last 24h +0.068%
Price spread now: Bitget against Gate+0.148%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.148%, 7d avg +0.093%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Bitget is 0.055% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.093%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate B_USDT | 0.2024 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $3.4M | $593K | 20x |
| Short | Bitget BUSDT | 0.2027 | 0.0968 | get 0.0484% / 4h | 2h 18m | $2.7M | $231K | 10x |
Gate B_USDT
Bitget BUSDTFunding 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
- $182.28
- Price spread: +0.148% → +0.093%
- $5.5
- Slippage, 4 orders
- −$144.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $16.54
- Costs to cover
- 1.712%
- Break-even
- 6.4 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago | 4.94 bp | 50.7 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.94 bp | 21.9 bp −$22 | 158.9 bp −$1,589 | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDTlong | +0.0100% | 4h | 0.2024 | long leg | $3.4M | $593K | 20x | |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2021 | −0.153% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0766% | 4h | 0.2024 | −0.015% | $1.8M | $939K | 13x | as long as short |
| Extended B-USD | +0.0840% | 1h | 0.2026 | +0.094% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0841% | 4h | 0.2026 | +0.094% | $3K | $391K | 5x | as long as short |
| MEXC B_USDT | +0.0842% | 4h | 0.2026 | +0.099% | $968K | $344K | 100x | as long as short |
| Binance BUSDT | +0.0845% | 4h | 0.2026 | +0.114% | $11.7M | $2.0M | 20x | as long as short |
| BloFin B-USDT | +0.0871% | 4h | 0.2025 | +0.049% | $595K | $39K | 20x | as long as short |
| BingX B-USDT | +0.0880% | 4h | 0.2026 | +0.099% | — | $1.2M | — | as long as short |
| Bitget BUSDTshort | +0.0968% | 4h | 0.2027 | +0.148% | $2.7M | $231K | 10x |
KuCoin BUSDTM
Bybit BUSDT
Extended B-USD
edgeX BUSDC
MEXC B_USDT
Binance BUSDT
BloFin B-USDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1327% | 4h | 0.2026 | +0.115% | $1.9M | $202K | 5x | as long as short |
Aster BUSDT