Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.083%
Price spread now: Bybit against Gate−0.074%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,093as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,109as in the Price arb table
costs, in and out, $10k−$1,10511.047% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 7 days+0.154%+$15 · spread now −0.074%, 7d avg −0.028%
Together, before fees+0.269%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate B_USDT0.20160.0100pay 0.0050% / 4h3h 34m$3.4M$628K20x
ShortBybit BUSDT0.20140.0100get 0.0050% / 4h3h 34m$1.8M$991K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.074% → −0.028%
−$4.59
Slippage, 4 orders
−$1,078.72
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,109.31
Costs to cover
11.047%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago7.41 bp203.6 bp −$204doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.94 bp144.7 bp −$1451478.9 bp −$14.8Kdoesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDTshort+0.0100%4h0.2014−0.074%$1.8M$991K13x
Gate B_USDTlong+0.0100%4h0.2016long leg$3.4M$628K20x
KuCoin BUSDTM+0.0100%4h0.2018+0.079%$1.9M$82K10xas long as short
edgeX BUSDC+0.0269%4h0.2026+0.491%$3K$389K5xas long as short
Binance BUSDT+0.0277%4h0.2018+0.115%$11.7M$2.0M20xas long as short
MEXC B_USDT+0.0278%4h0.2018+0.099%$971K$374K100xas long as short
Extended B-USD+0.0280%1h0.2018+0.085%$16K$216K5xas long as short
Bitget BUSDT+0.0318%4h0.2017+0.050%$2.8M$298K10xas long as short
BloFin B-USDT+0.0319%4h0.2027+0.546%$605K$38K20xas long as short
BingX B-USDT+0.0332%4h0.2017+0.050%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.0966%4h0.2017+0.048%$1.9M$223K5xas long as short