Funding you earn now, next payment 00:00 UTC+0.0228%/8h= +25.0% APRnext payment +$1.14 per $10,000 · paid last 24h +0.049%
Price spread now: Gate against Bybit−0.029%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2092.085% of the position
Funding, last 7 days+0.195%+$19 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.029%, 7d avg +0.014%
=Funding pays, the price is against you. Gate is 0.043% cheaper against Bybit than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.195% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BANKUSDT | 0.03504 | 0.0100 | pay 0.0050% / 4h | 4m 59s | $2.9M | $6.7M | 20x |
| Short | Gate BANK_USDT | 0.03503 | 0.0328 | get 0.0164% / 4h | 4m 59s | $715K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $47.88
- Price spread: −0.029% → +0.014%
- −$4.26
- Slippage, 4 orders
- −$182.51
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$164.9
- Costs to cover
- 2.085%
- Break-even
- 31.1 days
Slippage from Bybit: live order book, 3 min ago; Gate: 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 Bybit live order book, 3 min ago | 1.43 bp | 28.4 bp −$28 | 228.7 bp −$2,287 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.85 bp | 79.5 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03499 | −0.132% | $56K | $119K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03499 | −0.132% | $7.9M | $32.5M | 50x | as long as short |
| Bybit BANKUSDTlong | +0.0100% | 4h | 0.03504 | long leg | $2.9M | $6.7M | 20x | |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03499 | −0.143% | $2.6M | $616K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03501 | −0.086% | $1.2M | $185K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03503 | −0.029% | $36K | $273K | 20x | as long as short |
| edgeX BANKUSDC | +0.0111% | 4h | 0.03503 | −0.016% | $1K | $243K | 5x | as long as short |
| Bitget BANKUSDT | +0.0196% | 4h | 0.03500 | −0.114% | $2.8M | $3.4M | 25x | as long as short |
| BingX BANK-USDT | +0.0212% | 4h | 0.03500 | −0.114% | — | $6.9M | — | as long as short |
| Gate BANK_USDTshort | +0.0328% | 4h | 0.03503 | −0.029% | $715K | $1.4M | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDT | +0.0340% | 4h | 0.03503 | −0.029% | $446K | $158K | 50x | as long as short |
Bybit BANKUSDT
Gate BANK_USDT
Aster BANKUSDT
Binance BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Bitget BANKUSDT
BingX BANK-USDT
BloFin BANK-USDT