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

BB

all BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.054%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3753.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.054%, 7d avg −0.082%
Together, before fees−0.047%−$5 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: Gate is 0.028% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BBUSDT0.0092250.0100pay 0.0050% / 4h3h 49m$696K$756K25x
ShortGate BB_USDT0.0092200.0100get 0.0050% / 4h3h 49m$135K$204K50x

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 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: −0.054% → −0.082%
$2.75
Slippage, 4 orders
−$349.22
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$372.47
Costs to cover
3.752%
Break-even
never at this rate
Slippage from Bybit: live order book, 20 min ago; Gate: live order book, 17 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 Bybit live order book, 20 min ago5.52 bp109.4 bp −$109442.3 bp −$4,423doesn't fitdoesn't fit
Sell Gate live order book, 17 min ago16.40 bp70.5 bp −$70doesn't fitdoesn't fitdoesn't fit

BB on 9 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
Aster BBUSDT+0.0100%4h0.009211−0.155%$13K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009221−0.047%$3.3M$6.8M50xas long as short
Bybit BBUSDTlong+0.0100%4h0.009225long leg$696K$756K25x
Gate BB_USDTshort+0.0100%4h0.009220−0.054%$135K$204K50x
MEXC BB_USDT+0.0100%4h0.009219−0.065%$1.5M$579K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009220−0.054%$455K$84K50xas long as short
Bitget BBUSDT+0.0100%4h0.009230+0.054%$327K$454K50xas long as short
BingX BB-USDT+0.0440%4h0.009219−0.065%$1.3Mas long as short
Kraken Futures PF_BBUSD+0.0702%1h0.009215−0.113%$22K$2K10xas long as short