Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−8.748%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$5,771as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6,645as in the Price arb table
costs, in and out, $10k−$5,77157.707% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 8.748% cheaper against Gate than usual: you would sell low and buy high, −$875 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BP_USDT | 0.9538 | 0.0100 | pay 0.0050% / 4h | 43m 33s | $647K | $81K | 10x |
| Short | Bybit BPUSDT | 0.8704 | 0.0100 | get 0.0050% / 4h | 43m 33s | $1.5M | $413K | 5x |
Gate BP_USDT
Bybit BPUSDTFunding 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: −8.748% → 0.000%
- −$874.82
- Slippage, 4 orders
- −$5,744.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$6,645.5
- Costs to cover
- 57.707%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; Bybit: 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, 58 min ago | 103.77 bp | 1160.1 bp −$1,160 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 60.93 bp | 317.6 bp −$318 | 1874.6 bp −$18.7K | doesn't fit | doesn't fit |
BP on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BPUSDTM | +0.0050% | 8h | 0.8987 | −5.774% | $208K | $55K | 5x | as long as short |
| Pacifica BP | +0.0100% | 1h | 0.8501 | −10.872% | $81K | $73K | 3x | as long as short |
| Bybit BPUSDTshort | +0.0100% | 4h | 0.8704 | −8.748% | $1.5M | $413K | 5x | |
| Gate BP_USDTlong | +0.0100% | 4h | 0.9538 | long leg | $647K | $81K | 10x | |
| MEXC BP_USDT | +0.0100% | 4h | 0.8726 | −8.513% | $635K | $357K | 20x | as long as short |
KuCoin BPUSDTM
Pacifica BP
MEXC BP_USDT