Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.053%
Price spread now: Gate against Bybit+0.153%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$654as in the Funding arb table
Net, price: spread back to 7d avg − costs−$643as in the Price arb table
costs, in and out, $10k−$6616.614% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.153%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.184% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COOKIEUSDT | 0.01242 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $862K | $1.5M | 25x |
| Short | Gate COOKIE_USDT | 0.01244 | 0.0100 | get 0.0050% / 4h | 2h 32m | $124K | $234K | 25x |
Bybit COOKIEUSDT
Gate COOKIE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $0
- Price spread: +0.153% → −0.031%
- $18.38
- Slippage, 4 orders
- −$635.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$642.98
- Costs to cover
- 6.614%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 9 min ago; Gate: live order book, 9 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 Bybit live order book, 9 min ago | 7.52 bp | 163.0 bp −$163 | 663.8 bp −$6,638 | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 11.91 bp | 171.5 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
COOKIE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01246 | +0.329% | $2.1M | $9.6M | 20x | as long as short |
| Bybit COOKIEUSDTlong | +0.0100% | 4h | 0.01242 | long leg | $862K | $1.5M | 25x | |
| Gate COOKIE_USDTshort | +0.0100% | 4h | 0.01244 | +0.153% | $124K | $234K | 25x | |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01246 | +0.314% | $620K | $368K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01243 | +0.072% | $228K | $162K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01247 | +0.394% | $361K | $311K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01245 | +0.201% | — | $6.5M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01234 | −0.655% | $12K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0439% | 1h | 0.01248 | +0.460% | $12K | $40K | 10x | as long as short |
Binance COOKIEUSDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD