Funding you earn now, next payment 00:00 UTC−0.0526%/8h= −57.6% APRnext payment −$2.63 per $10,000 · paid last 24h −0.073%
Price spread now: Gate against Bitget−0.054%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.054%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.080% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.63 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 | Bitget BRUSDT | 1.1039 | 0.0626 | pay 0.0313% / 4h | 1h 03m | $8.1M | $12.6M | 10x |
| Short | Gate BR_USDT | 1.1033 | 0.0100 | get 0.0050% / 4h | 1h 03m | $7.4M | $8.7M | 20x |
Bitget BRUSDT
Gate BR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$110.46
- Price spread: −0.054% → +0.025%
- −$7.97
- Slippage, 4 orders
- −$96.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$242.22
- Costs to cover
- 1.238%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, just now.
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 Bitget live order book, 1 min ago | 2.45 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 1.18 bp | 42.6 bp −$43 | 223.6 bp −$2,236 | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1039 | +0.005% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1029 | −0.090% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDTshort | +0.0100% | 4h | 1.1033 | −0.054% | $7.4M | $8.7M | 20x | |
| Variational Omni BR | +0.0100% | 4h | 1.1041 | +0.021% | $262K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1065 | +0.233% | — | $693K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1085 | +0.420% | $85K | $238K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0204% | 4h | 1.1042 | +0.028% | $4.9M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0514% | 4h | 1.1049 | +0.089% | $724K | $2.7M | 5x | as long as short |
| Bitget BRUSDTlong | +0.0626% | 4h | 1.1039 | long leg | $8.1M | $12.6M | 10x | |
| Binance BRUSDT | +0.1264% | 4h | 1.1049 | +0.090% | $53.0M | $162.5M | 25x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1266% | 4h | 1.1054 | +0.134% | $15.3M | $7.5M | 100x | as long as short |
MEXC BR_USDT