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

BP

all BP markets
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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+8.626%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,524as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,661as in the Price arb table
costs, in and out, $10k−$4,52445.241% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 8.626% dearer against Bybit than usual: you sell high and buy low, +$863 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BPUSDT0.90260.0100pay 0.0050% / 4h1h 19m$1.6M$682K5x
ShortGate BP_USDT0.98050.0100get 0.0050% / 4h1h 19m$665K$133K10x

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: +8.626% → 0.000%
$862.58
Slippage, 4 orders
−$4,498.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$3,661.49
Costs to cover
45.241%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 42 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, 2 min ago35.70 bp405.5 bp −$4053401.5 bp −$34.0Kdoesn't fitdoesn't fit
Sell Gate live order book, 42 min ago110.59 bp2619.1 bp −$2,619doesn't fitdoesn't fitdoesn't fit

BP on 5 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
KuCoin BPUSDTM+0.0050%8h0.7606−15.740%$173K$62K5xas long as short
Pacifica BP+0.0100%1h0.9020−0.071%$88K$74K3xas long as short
Bybit BPUSDTlong+0.0100%4h0.9026long leg$1.6M$682K5x
Gate BP_USDTshort+0.0100%4h0.9805+8.626%$665K$133K10x
MEXC BP_USDT+0.0100%4h0.8927−1.101%$610K$476K20xas long as short