Settings8H · net · $10k
Funding arb · Price arb /

CROSS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.137%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,053as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,069as in the Price arb table
costs, in and out, $10k−$1,05910.588% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.137%, 7d avg −0.032%
Together, before fees+0.114%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.104% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CROSS_USDT0.14620.0100pay 0.0050% / 4h2h 41m$182K$48K20x
ShortBitget CROSSUSDT0.14600.0100get 0.0050% / 4h2h 41m$1.2M$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.137% → −0.032%
−$10.44
Slippage, 4 orders
−$1,031.81
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1,069.26
Costs to cover
10.588%
Break-even
never at this rate
Slippage from Gate: live order book, 41 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 41 min ago8.91 bp305.5 bp −$305doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.71 bp54.2 bp −$54doesn't fitdoesn't fitdoesn't fit

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDT+0.0100%4h0.1463+0.075%$1.5M$3.3M40xas long as short
Bybit CROSSUSDT+0.0100%4h0.1463+0.048%$669K$716K20xas long as short
Gate CROSS_USDTlong+0.0100%4h0.1462long leg$182K$48K20x
MEXC CROSS_USDT+0.0100%4h0.1463+0.041%$302K$160K100xas long as short
KuCoin CROSSUSDTM+0.0100%4h0.1459−0.212%$269K$32K20xas long as short
Bitget CROSSUSDTshort+0.0100%4h0.1460−0.137%$1.2M$219K20x
BingX CROSS-USDT+0.0100%4h0.1464+0.096%$1.3Mas long as short
Variational Omni CROSS+0.0100%4h0.1463+0.028%$672$2Kas long as short