Funding you earn now, next payment 00:00 UTC+0.0709%/8h= +77.6% APRnext payment +$3.54 per $10,000 · paid last 24h +0.109%
Price spread now: Bybit against Gate−0.406%7-day average −0.285% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$477as in the Price arb table
costs, in and out, $10k−$4644.645% of the position
Funding, last 7 days+0.495%+$49 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.406%, 7d avg −0.285%
=Funding pays, the price is against you. Bybit is 0.121% cheaper against Gate than usual: you would sell low and buy high (spread −0.406% now, against its 7-day average of −0.285%). If the spread goes back, that is −$12 on $10k: about 14 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.495% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.495% in total (about 25.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.54 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 BLUAI_USDT | 0.01134 | 0.0100 | pay 0.0050% / 4h | 10m 16s | $458K | $78K | 10x |
| Short | Bybit BLUAIUSDT | 0.01130 | 0.0809 | get 0.0404% / 4h | 10m 16s | $1.5M | $243K | 13x |
Gate BLUAI_USDT
Bybit BLUAIUSDTFunding 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
- $148.85
- Price spread: −0.406% → −0.285%
- −$12.08
- Slippage, 4 orders
- −$438.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$327.73
- Costs to cover
- 4.645%
- Break-even
- 22.4 days
Slippage from Gate: live order book, just now; Bybit: live order book, 1 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, just now | 4.85 bp | 53.8 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.77 bp | 117.2 bp −$117 | 1170.7 bp −$11.7K | doesn't fit | doesn't fit |
BLUAI on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BLUAI_USDTlong | +0.0100% | 4h | 0.01134 | long leg | $458K | $78K | 10x | |
| KuCoin BLUAIUSDTM | +0.0100% | 4h | 0.01134 | −0.018% | $1.5M | $23K | 10x | as long as short |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01132 | −0.229% | $1K | $974K | 20x | as long as short |
| Bybit BLUAIUSDTshort | +0.0809% | 4h | 0.01130 | −0.406% | $1.5M | $243K | 13x | |
| BingX BLUAI-USDT | +0.0892% | 4h | 0.01131 | −0.300% | — | $6.5M | — | as long as short |
| MEXC BLUAI_USDT | +0.0956% | 4h | 0.01131 | −0.300% | $5.8M | $113K | 50x | as long as short |
| Binance BLUAIUSDT | +0.0957% | 4h | 0.01131 | −0.309% | $5.8M | $1.1M | 10x | as long as short |
| BloFin BLUAI-USDT | +0.0963% | 4h | 0.01131 | −0.309% | $384K | $11K | 10x | as long as short |
| Aster BLUAIUSDT | +0.0986% | 4h | 0.01130 | −0.361% | $31K | $13K | 5x | as long as short |
KuCoin BLUAIUSDTM
SunX BLUAI-USDT
BingX BLUAI-USDT
MEXC BLUAI_USDT
Binance BLUAIUSDT
BloFin BLUAI-USDT
Aster BLUAIUSDT