Funding you earn now, next payment 04:00 UTC−0.0238%/8h= −26.1% APRnext payment −$1.19 per $10,000 · paid last 24h −0.089%
Price spread now: Bybit against Gate−0.179%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$921as in the Funding arb table
Net, price: spread back to 7d avg − costs−$897as in the Price arb table
costs, in and out, $10k−$8938.930% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)−0.115%−$12 · spread now −0.179%, 7d avg −0.138%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.041% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.138%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BSB_USDT | 0.1061 | 0.0338 | pay 0.0169% / 4h | 1h 20m | $637K | $130K | 20x |
| Short | Bybit BSBUSDT | 0.1060 | 0.0100 | get 0.0050% / 4h | 1h 20m | $2.9M | $787K | 25x |
Funding 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
- −$49.98
- Price spread: −0.179% → −0.138%
- −$4.13
- Slippage, 4 orders
- −$867.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$947.15
- Costs to cover
- 8.930%
- Break-even
- never at this rate
Slippage from Gate: live order book, 41 min ago; Bybit: live order book, 2 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, 41 min ago | 10.81 bp | 285.1 bp −$285 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.67 bp | 148.0 bp −$148 | 1004.7 bp −$10.0K | 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 BSBUSDTshort | +0.0100% | 4h | 0.1060 | −0.179% | $2.9M | $787K | 25x | |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1060 | −0.170% | $1.2M | $1.9M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1060 | −0.151% | $503K | $128K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1060 | −0.132% | $3.4M | $836K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1060 | −0.103% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1061 | −0.028% | $2K | $920K | 10x | as long as short |
| BloFin BSB-USDT | +0.0212% | 4h | 0.1060 | −0.132% | $274K | $42K | 10x | as long as short |
| Extended BSB-USD | +0.0224% | 1h | 0.1061 | −0.077% | $4K | $178K | 5x | as long as short |
| MEXC BSB_USDT | +0.0226% | 4h | 0.1061 | −0.057% | $1.1M | $170K | 50x | as long as short |
| Binance BSBUSDT | +0.0227% | 4h | 0.1061 | −0.047% | $6.1M | $3.4M | 10x | 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 | +0.0236% | 4h | 0.1060 | −0.122% | — | $1.7M | — | as long as short |
| Aster BSBUSDT | +0.0324% | 4h | 0.1061 | −0.075% | $29K | $17K | 5x | as long as short |
| Gate BSB_USDTlong | +0.0338% | 4h | 0.1061 | long leg | $637K | $130K | 20x |
Gate BSB_USDT
Bybit BSBUSDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
BloFin BSB-USDT
Extended BSB-USD
MEXC BSB_USDT
Binance BSBUSDT
BingX BSB-USDT
Aster BSBUSDT