Funding you earn now, next payment 00:00 UTC+0.0649%/8h= +71.1% APRnext payment +$3.25 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Gate−0.012%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$326as in the Price arb table
costs, in and out, $10k−$3243.242% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.012%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.236%, 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 -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.25 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 C_USDT | 0.08209 | 0.0196 | pay 0.0098% / 4h | 1h 57m | $335K | $708K | 20x |
| Short | Bybit CUSDT | 0.08208 | 0.0845 | get 0.0423% / 4h | 1h 57m | $1.2M | $2.0M | 13x |
Gate C_USDT
Bybit CUSDTFunding 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
- $136.34
- Price spread: −0.012% → +0.006%
- −$1.8
- Slippage, 4 orders
- −$298.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.68
- Costs to cover
- 3.242%
- Break-even
- 16.7 days
Slippage from Gate: live order book, 24 min ago; Bybit: 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, 24 min ago | 14.65 bp | 86.5 bp −$87 | 9037.8 bp −$90.4K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.85 bp | 96.5 bp −$97 | 425.7 bp −$4,257 | 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 | 0.08210 | +0.010% | $39K | $100K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08205 | −0.050% | $6.7M | $13.9M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.08199 | −0.122% | $229K | $206K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08192 | −0.207% | $591K | $127K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.08208 | −0.012% | $451K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08245 | +0.435% | $331 | $13K | — | as long as short |
| Gate C_USDTlong | +0.0196% | 4h | 0.08209 | long leg | $335K | $708K | 20x | |
| Bybit CUSDTshort | +0.0845% | 4h | 0.08208 | −0.012% | $1.2M | $2.0M | 13x | |
| BingX C-USDT | +0.0870% | 4h | 0.08209 | 0.000% | — | $2.4M | — | as long as short |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
BingX C-USDT