Funding you earn now, next payment 04:00 UTC+0.0486%/8h= +53.2% APRnext payment +$2.43 per $10,000 · paid last 24h +0.089%
Price spread now: Gate against Bybit+0.057%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$920as in the Funding arb table
Net, price: spread back to 7d avg − costs−$957as in the Price arb table
costs, in and out, $10k−$9489.484% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now +0.057%, 7d avg +0.140%
=Funding pays, the price is against you. Gate is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread +0.057% now, against its 7-day average of +0.140%). If the spread goes back, that is −$8 on $10k: about 14 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.283% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.283% in total (about 14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.43 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 | Bybit BSBUSDT | 0.1060 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $2.9M | $845K | 25x |
| Short | Gate BSB_USDT | 0.1061 | 0.0586 | get 0.0293% / 4h | 3h 43m | $629K | $123K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $102.06
- Price spread: +0.057% → +0.140%
- −$8.29
- Slippage, 4 orders
- −$922.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$854.64
- Costs to cover
- 9.484%
- Break-even
- 65.6 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 28 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 Bybit live order book, 4 min ago | 6.62 bp | 277.3 bp −$277 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 8.98 bp | 176.5 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
BSB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDTlong | +0.0100% | 4h | 0.1060 | long leg | $2.9M | $845K | 25x | |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1061 | +0.104% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1061 | +0.038% | $500K | $120K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1060 | +0.019% | $3.4M | $857K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1058 | −0.223% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1062 | +0.217% | $2K | $907K | 10x | as long as short |
| BingX BSB-USDT | +0.0260% | 4h | 0.1061 | +0.123% | — | $1.8M | — | as long as short |
| MEXC BSB_USDT | +0.0270% | 4h | 0.1061 | +0.123% | $1.1M | $155K | 50x | as long as short |
| Binance BSBUSDT | +0.0272% | 4h | 0.1062 | +0.173% | $6.1M | $3.5M | 10x | as long as short |
| Extended BSB-USD | +0.0272% | 1h | 0.1061 | +0.124% | $4K | $230K | 5x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BSBUSDT | +0.0282% | 4h | 0.1060 | −0.016% | $29K | $18K | 5x | as long as short |
| BloFin BSB-USDT | +0.0294% | 4h | 0.1060 | −0.038% | $271K | $41K | 10x | as long as short |
| Gate BSB_USDTshort | +0.0586% | 4h | 0.1061 | +0.057% | $629K | $123K | 20x |
Bybit BSBUSDT
Gate BSB_USDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
BingX BSB-USDT
MEXC BSB_USDT
Binance BSBUSDT
Extended BSB-USD
Aster BSBUSDT
BloFin BSB-USDT