Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.074%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2922.919% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.074%, 7d avg +0.022%
=Funding pays, the price is against you. Bybit is 0.096% cheaper against Gate than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.022%). If the spread goes back, that is −$10 on $10k: about 17 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAN_USDT | 0.06771 | 0.0113 | pay 0.0113% / 8h | 2h 40m | $1.2M | $44K | 20x |
| Short | Bybit BANUSDT | 0.06766 | 0.0132 | get 0.0066% / 4h | 2h 40m | $2.9M | $286K | 13x |
Gate BAN_USDT
Bybit BANUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.92
- Price spread: −0.074% → +0.022%
- −$9.63
- Slippage, 4 orders
- −$265.86
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$297.57
- Costs to cover
- 2.919%
- Break-even
- 538.0 days
Slippage from Gate: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 15.51 bp | 47.6 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.70 bp | 88.3 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06778 | +0.108% | $12K | $392 | 5x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06760 | −0.162% | $312K | $18K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06764 | −0.103% | $16 | — | — | as long as short |
| Gate BAN_USDTlong | +0.0113% | 8h | 0.06771 | long leg | $1.2M | $44K | 20x | |
| Bybit BANUSDTshort | +0.0132% | 4h | 0.06766 | −0.074% | $2.9M | $286K | 13x | |
| Bitget BANUSDT | +0.0320% | 4h | 0.06768 | −0.044% | $1.1M | $46K | 25x | as long as short |
| MEXC BAN_USDT | +0.1140% | 4h | 0.06777 | +0.089% | $8.1M | $137K | 100x | as long as short |
| Binance BANUSDT | +0.1140% | 4h | 0.06778 | +0.102% | $6.6M | $713K | 25x | as long as short |
Aster BANUSDT
KuCoin BANUSDTM
Variational Omni BAN
Bitget BANUSDT
MEXC BAN_USDT
Binance BANUSDT