Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.076%
Price spread now: Bybit against Gate+0.111%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$393as in the Price arb table
costs, in and out, $10k−$4074.071% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.111%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.138% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BEL_USDT | 0.1256 | 0.0100 | pay 0.0100% / 8h | 1h 15m | $112K | $43K | 10x |
| Short | Bybit BELUSDT | 0.1258 | 0.0100 | get 0.0100% / 8h | 1h 15m | $239K | $123K | 10x |
Gate BEL_USDT
Bybit BELUSDTFunding 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
- $0
- Price spread: +0.111% → −0.027%
- $13.84
- Slippage, 4 orders
- −$381.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$393.28
- Costs to cover
- 4.071%
- Break-even
- never at this rate
Slippage from Gate: live order book, 60 min ago; Bybit: live order book, 58 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, 60 min ago | 10.40 bp | 50.2 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 8.39 bp | 126.8 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
BEL 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BELUSD | −0.2189% | 1h | 0.1256 | −0.070% | $7K | $8K | 10x | as long as short |
| Aster BELUSDT | +0.0100% | 8h | 0.1257 | +0.046% | $11K | $3K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1258 | +0.143% | $2.0M | $1.3M | 10x | as long as short |
| Bybit BELUSDTshort | +0.0100% | 8h | 0.1258 | +0.111% | $239K | $123K | 10x | |
| Gate BEL_USDTlong | +0.0100% | 8h | 0.1256 | long leg | $112K | $43K | 10x | |
| MEXC BEL_USDT | +0.0100% | 8h | 0.1258 | +0.103% | $160K | $89K | 50x | as long as short |
| KuCoin BELUSDTM | +0.0100% | 8h | 0.1257 | +0.048% | $59K | $17K | 10x | as long as short |
| Variational Omni BEL | +0.0100% | 8h | 0.1258 | +0.167% | $3K | $11 | — | as long as short |
Kraken Futures PF_BELUSD
Aster BELUSDT
Binance BELUSDT
MEXC BEL_USDT
KuCoin BELUSDTM
Variational Omni BEL