Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.024%
Price spread now: Gate against Bybit+0.228%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2052.047% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.228%, 7d avg +0.123%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.105% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COREUSDT | 0.02194 | −0.0264 | get 0.0264% / 8h | 4h 32m | $1.4M | $983K | 20x |
| Short | Gate CORE_USDT | 0.02199 | −0.0211 | pay 0.0211% / 8h | 4h 32m | $159K | $171K | 25x |
Bybit COREUSDT
Gate CORE_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
- $11.1
- Price spread: +0.228% → +0.123%
- $10.51
- Slippage, 4 orders
- −$178.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.13
- Costs to cover
- 2.047%
- Break-even
- 122.5 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 18 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, 4 min ago | 9.15 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 4.59 bp | 72.8 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0342% | 8h | 0.02180 | −0.655% | $8K | $918 | — | as long as short |
| Bybit COREUSDTlong | −0.0264% | 8h | 0.02194 | long leg | $1.4M | $983K | 20x | |
| Gate CORE_USDTshort | −0.0211% | 8h | 0.02199 | +0.228% | $159K | $171K | 25x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02202 | +0.365% | $1.7M | $4.4M | 20x | as long as short |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02202 | +0.365% | $824K | $218K | 100x | as long as short |
| BingX CORE-USDT | +0.0151% | 8h | 0.02200 | +0.273% | — | $1.3M | — | as long as short |
Variational Omni CORE
OKX CORE-USDT-SWAP
MEXC CORE_USDT
BingX CORE-USDT