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

BSB

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.433%+$43 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BSBUSDT0.10600.0100pay 0.0050% / 4h3h 43m$2.9M$845K25x
ShortGate BSB_USDT0.10610.0586get 0.0293% / 4h3h 43m$629K$123K20x

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago6.62 bp277.3 bp −$277doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 28 min ago8.98 bp176.5 bp −$177doesn't fitdoesn't fitdoesn't fit

BSB on 13 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
Bybit BSBUSDTlong+0.0100%4h0.1060long leg$2.9M$845K25x
OKX BSB-USDT-SWAP+0.0100%4h0.1061+0.104%$1.2M$2.0M10xas long as short
KuCoin BSBUSDTM+0.0100%4h0.1061+0.038%$500K$120K10xas long as short
Bitget BSBUSDT+0.0100%4h0.1060+0.019%$3.4M$857K10xas long as short
Variational Omni BSB+0.0100%4h0.1058−0.223%$2K$2Kas long as short
SunX BSB-USDT+0.0100%4h0.1062+0.217%$2K$907K10xas long as short
BingX BSB-USDT+0.0260%4h0.1061+0.123%$1.8Mas long as short
MEXC BSB_USDT+0.0270%4h0.1061+0.123%$1.1M$155K50xas long as short
Binance BSBUSDT+0.0272%4h0.1062+0.173%$6.1M$3.5M10xas long as short
Extended BSB-USD+0.0272%1h0.1061+0.124%$4K$230K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BSBUSDT+0.0282%4h0.1060−0.016%$29K$18K5xas long as short
BloFin BSB-USDT+0.0294%4h0.1060−0.038%$271K$41K10xas long as short
Gate BSB_USDTshort+0.0586%4h0.1061+0.057%$629K$123K20x