Funding you earn now, next payment 08:00 UTC−0.0498%/8h= −54.5% APRnext payment −$2.49 per $10,000 · paid last 24h −0.099%
Price spread now: Bitget against Gate−0.302%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$476as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4474.470% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 4 days (all we have)+0.292%+$29 · spread now −0.302%, 7d avg −0.059%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.243% cheaper against Gate than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.292% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 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 | Gate BSB_USDT | 0.1061 | 0.0598 | pay 0.0299% / 4h | 3h 08m | $651K | $144K | 20x |
| Short | Bitget BSBUSDT | 0.1058 | 0.0100 | get 0.0050% / 4h | 3h 08m | $3.4M | $853K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$104.58
- Price spread: −0.302% → −0.059%
- −$24.26
- Slippage, 4 orders
- −$420.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$575.87
- Costs to cover
- 4.470%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; Bitget: live order book, 4 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, 42 min ago | 8.91 bp | 247.5 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.07 bp | 19.8 bp −$20 | 288.6 bp −$2,886 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSB-USDT | +0.0089% | 4h | 0.1061 | +0.038% | $273K | $43K | 10x | as long as short |
| Bybit BSBUSDT | +0.0100% | 4h | 0.1058 | −0.330% | $2.9M | $791K | 25x | as long as short |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1059 | −0.226% | $1.2M | $1.9M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1060 | −0.132% | $497K | $133K | 10x | as long as short |
| Bitget BSBUSDTshort | +0.0100% | 4h | 0.1058 | −0.302% | $3.4M | $853K | 10x | |
| Variational Omni BSB | +0.0100% | 4h | 0.1060 | −0.127% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1059 | −0.160% | $2K | $944K | 10x | as long as short |
| Binance BSBUSDT | +0.0141% | 4h | 0.1058 | −0.261% | $6.1M | $3.4M | 10x | as long as short |
| Extended BSB-USD | +0.0144% | 1h | 0.1059 | −0.188% | $3K | $176K | 5x | as long as short |
| MEXC BSB_USDT | +0.0144% | 4h | 0.1058 | −0.273% | $1.1M | $167K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BSB-USDT | +0.0144% | 4h | 0.1059 | −0.170% | — | $1.7M | — | as long as short |
| Aster BSBUSDT | +0.0240% | 4h | 0.1059 | −0.152% | $29K | $17K | 5x | as long as short |
| Gate BSB_USDTlong | +0.0598% | 4h | 0.1061 | long leg | $651K | $144K | 20x |
Gate BSB_USDT
Bitget BSBUSDT
BloFin BSB-USDT
Bybit BSBUSDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Variational Omni BSB
SunX BSB-USDT
Binance BSBUSDT
Extended BSB-USD
MEXC BSB_USDT
BingX BSB-USDT
Aster BSBUSDT