Funding you earn now, next payment 00:00 UTC−0.0456%/8h= −49.9% APRnext payment −$2.28 per $10,000 · paid last 24h −0.040%
Price spread now: Bitget against Gate−0.057%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2142.135% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now −0.057%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.047% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.111% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.28 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 BANK_USDT | 0.03526 | 0.0642 | pay 0.0321% / 4h | 1h 54m | $723K | $1.4M | 10x |
| Short | Bitget BANKUSDT | 0.03524 | 0.0186 | get 0.0093% / 4h | 1h 54m | $2.8M | $3.5M | 25x |
Gate BANK_USDT
Bitget BANKUSDTFunding 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
- −$95.76
- Price spread: −0.057% → −0.010%
- −$4.67
- Slippage, 4 orders
- −$186.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$313.98
- Costs to cover
- 2.135%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 2.83 bp | 104.4 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.42 bp | 23.5 bp −$23 | 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 | 0.03521 | −0.151% | $56K | $122K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03521 | −0.142% | $8.0M | $33.4M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03521 | −0.142% | $2.9M | $6.8M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03521 | −0.142% | $2.6M | $623K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03521 | −0.142% | $1.2M | $197K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03529 | +0.085% | $36K | $284K | 20x | as long as short |
| edgeX BANKUSDC | +0.0111% | 4h | 0.03516 | −0.296% | $1K | $240K | 5x | as long as short |
| BingX BANK-USDT | +0.0180% | 4h | 0.03521 | −0.142% | — | $6.9M | — | as long as short |
| Bitget BANKUSDTshort | +0.0186% | 4h | 0.03524 | −0.057% | $2.8M | $3.5M | 25x | |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03518 | −0.227% | $448K | $160K | 50x | as long as short |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
BingX BANK-USDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDTlong | +0.0642% | 4h | 0.03526 | long leg | $723K | $1.4M | 10x |