Funding you earn now, next payment 04:00 UTC+0.1718%/8h= +188.1% APRnext payment +$8.59 per $10,000 · paid last 24h +0.196%
Price spread now: Gate against Bitget−0.040%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1851.851% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now −0.040%, 7d avg +0.049%
=Funding pays, the price is against you. Gate is 0.089% cheaper against Bitget than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.049%). If the spread goes back, that is −$9 on $10k: about 4 hours of funding at the current rate (+$52 a day). At the pace of the last 7 days (+0.239% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.239% in total (about 12.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.59 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 | Bitget B2USDT | 0.5039 | 0.0270 | pay 0.0135% / 4h | 6m 13s | $2.8M | $943K | 50x |
| Short | Gate B2_USDT | 0.5037 | 0.1988 | get 0.0994% / 4h | 6m 13s | $916K | $435K | 20x |
Bitget B2USDT
Gate B2_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $360.78
- Price spread: −0.040% → +0.049%
- −$8.9
- Slippage, 4 orders
- −$158.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $166.81
- Costs to cover
- 1.851%
- Break-even
- 3.8 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 51 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 Bitget live order book, 1 min ago | 8.94 bp | 47.5 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 15.60 bp | 49.2 bp −$49 | 308.1 bp −$3,081 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5041 | +0.040% | $1.6M | $2.1M | 20x | as long as short |
| Bitget B2USDTlong | +0.0270% | 4h | 0.5039 | long leg | $2.8M | $943K | 50x | |
| MEXC B2_USDT | +0.0312% | 4h | 0.5044 | +0.099% | $560K | $392K | 100x | as long as short |
| Binance B2USDT | +0.0322% | 4h | 0.5042 | +0.060% | $8.2M | $10.2M | 50x | as long as short |
| BingX B2-USDT | +0.0338% | 4h | 0.5038 | −0.020% | — | $1.4M | — | as long as short |
| Variational Omni B2 | +0.0571% | 4h | 0.5022 | −0.346% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.0717% | 4h | 0.5034 | −0.099% | $158K | $172K | 5x | as long as short |
| KuCoin B2USDTM | +0.0856% | 4h | 0.5034 | −0.099% | $1.0M | $317K | 50x | as long as short |
| Gate B2_USDTshort | +0.1988% | 4h | 0.5037 | −0.040% | $916K | $435K | 20x |
Bybit B2USDT
MEXC B2_USDT
Binance B2USDT
BingX B2-USDT
Variational Omni B2
Aster B2USDT
KuCoin B2USDTM