Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against Gate+0.355%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$965as in the Funding arb table
Net, price: spread back to 7d avg − costs−$929as in the Price arb table
costs, in and out, $10k−$9599.587% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.355%, 7d avg +0.057%
=The price spread pays, funding is against you. Bybit is 0.297% dearer against Gate than usual: you sell high and buy low (spread +0.355% now, against its 7-day average of +0.057%): +$30 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CLANKER_USDT | 13.540 | 0.0126 | pay 0.0063% / 4h | 1h 18m | $122K | $163K | 25x |
| Short | Bybit CLANKERUSDT | 13.588 | 0.0100 | get 0.0050% / 4h | 1h 18m | $604K | $1.0M | 20x |
Gate CLANKER_USDT
Bybit CLANKERUSDTFunding 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
- −$5.46
- Price spread: +0.355% → +0.057%
- $29.75
- Slippage, 4 orders
- −$932.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$934.43
- Costs to cover
- 9.587%
- Break-even
- never at this rate
Slippage from Gate: live order book, 37 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, 37 min ago | 18.43 bp | 562.6 bp −$563 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 9.54 bp | 60.2 bp −$60 | 439.3 bp −$4,393 | doesn't fit | doesn't fit |
CLANKER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CLANKER-USDT | +0.0070% | 4h | 13.580 | +0.295% | — | $6.7M | — | as long as short |
| Bybit CLANKERUSDTshort | +0.0100% | 4h | 13.588 | +0.355% | $604K | $1.0M | 20x | |
| KuCoin CLANKERUSDTM | +0.0100% | 4h | 13.590 | +0.369% | $363K | $156K | 25x | as long as short |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.570 | +0.222% | $614K | $520K | 20x | as long as short |
| Gate CLANKER_USDTlong | +0.0126% | 4h | 13.540 | long leg | $122K | $163K | 25x | |
| Variational Omni CLANKER | +0.0146% | 4h | 13.619 | +0.587% | $27K | $31K | — | as long as short |
| MEXC CLANKER_USDT | +0.0200% | 4h | 13.570 | +0.222% | $383K | $272K | 50x | as long as short |
| Binance CLANKERUSDT | +0.0203% | 4h | 13.585 | +0.332% | $1.8M | $5.6M | 25x | as long as short |
| BloFin CLANKER-USDT | +0.0235% | 4h | 13.610 | +0.517% | $118K | $22K | 25x | as long as short |
| Aster CLANKERUSDT | +0.0899% | 4h | 13.592 | +0.387% | $15K | $33K | 5x | as long as short |
BingX CLANKER-USDT
KuCoin CLANKERUSDTM
Bitget CLANKERUSDT
Variational Omni CLANKER
MEXC CLANKER_USDT
Binance CLANKERUSDT
BloFin CLANKER-USDT
Aster CLANKERUSDT