Funding you earn now, next payment 00:00 UTC−0.0646%/8h= −70.7% APRnext payment −$3.23 per $10,000 · paid last 24h −0.192%
Price spread now: Gate against Bitget+0.336%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$850as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7927.925% of the position
Funding, last 7 days−0.578%−$58 on $10k
+Price spread, last 4 days (all we have)−0.645%−$64 · spread now +0.336%, 7d avg +0.010%
=The price spread pays, funding is against you. Gate is 0.327% dearer against Bitget than usual: you sell high and buy low (spread +0.336% now, against its 7-day average of +0.010%): +$33 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.578% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CTRUSDT | 0.01190 | 0.0746 | pay 0.0373% / 4h | 1h 25m | $543K | $56K | 20x |
| Short | Gate CTR_USDT | 0.01194 | 0.0100 | get 0.0050% / 4h | 1h 25m | $115K | $16K | 20x |
Bitget CTRUSDT
Gate CTR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$135.66
- Price spread: +0.336% → +0.010%
- $32.65
- Slippage, 4 orders
- −$765.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$895.5
- Costs to cover
- 7.925%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 55 min ago; Gate: live order book, 50 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 Bitget live order book, 55 min ago | 16.79 bp | 59.5 bp −$59 | 675.9 bp −$6,759 | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 29.28 bp | 363.7 bp −$364 | doesn't fit | doesn't fit | doesn't fit |
CTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01188 | −0.168% | $10K | $319 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01191 | +0.042% | $250K | $124K | 20x | as long as short |
| Gate CTR_USDTshort | +0.0100% | 4h | 0.01194 | +0.336% | $115K | $16K | 20x | |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01188 | −0.168% | $276K | $341K | 20x | as long as short |
| Aster CTRUSDT | +0.0575% | 4h | 0.01189 | −0.061% | $9K | $6K | 5x | as long as short |
| Bitget CTRUSDTlong | +0.0746% | 4h | 0.01190 | long leg | $543K | $56K | 20x | |
| MEXC CTR_USDT | +0.0918% | 4h | 0.01190 | 0.000% | $604K | $157K | 20x | as long as short |
| Binance CTRUSDT | +0.0918% | 4h | 0.01190 | +0.016% | $2.2M | $829K | 20x | as long as short |
Lighter CTR
Bybit CTRUSDT
KuCoin CTRUSDTM
Aster CTRUSDT
MEXC CTR_USDT
Binance CTRUSDT