Funding you earn now, next payment 04:00 UTC+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against Bitget+0.199%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2222.219% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.199%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 0.141% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.059%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 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 CUSDT | 0.08027 | 0.0100 | pay 0.0050% / 4h | 58m 05s | $457K | $1.0M | 20x |
| Short | Gate C_USDT | 0.08043 | 0.0594 | get 0.0297% / 4h | 58m 05s | $329K | $481K | 20x |
Bitget CUSDT
Gate C_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
- $103.74
- Price spread: +0.199% → +0.059%
- $14.07
- Slippage, 4 orders
- −$194.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.05
- Costs to cover
- 2.219%
- Break-even
- 14.0 days
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 63 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 Bitget live order book, 3 min ago | 3.11 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 8.74 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
C on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CUSDT | +0.0100% | 4h | 0.08030 | +0.043% | $32K | $104K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08022 | −0.057% | $6.6M | $11.9M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.08020 | −0.087% | $214K | $197K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08022 | −0.062% | $647K | $141K | 25x | as long as short |
| Bitget CUSDTlong | +0.0100% | 4h | 0.08027 | long leg | $457K | $1.0M | 20x | |
| Variational Omni C | +0.0100% | 4h | 0.08051 | +0.297% | $619 | $13K | — | as long as short |
| Gate C_USDTshort | +0.0594% | 4h | 0.08043 | +0.199% | $329K | $481K | 20x | |
| BingX C-USDT | +0.0916% | 4h | 0.08032 | +0.062% | — | $2.4M | — | as long as short |
| Bybit CUSDT | +0.0973% | 4h | 0.08026 | −0.012% | $1.2M | $1.8M | 13x | as long as short |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Variational Omni C
BingX C-USDT
Bybit CUSDT