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: Bitget against Gate−0.335%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$735as in the Funding arb table
Net, price: spread back to 7d avg − costs−$825as 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)+0.644%+$64 · spread now −0.335%, 7d avg −0.010%
=Funding pays, the price is against you. Bitget is 0.325% cheaper against Gate than usual: you would sell low and buy high (spread −0.335% now, against its 7-day average of −0.010%). If the spread goes back, that is −$33 on $10k: about 40 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.578% in total) that is about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CTR_USDT | 0.01194 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $115K | $16K | 20x |
| Short | Bitget CTRUSDT | 0.01190 | 0.0746 | get 0.0373% / 4h | 1h 25m | $543K | $56K | 20x |
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 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: −0.335% → −0.010%
- −$32.54
- Slippage, 4 orders
- −$765.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$689.36
- Costs to cover
- 7.925%
- Break-even
- 42.6 days
Slippage from Gate: live order book, 50 min ago; Bitget: live order book, 55 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, 50 min ago | 29.28 bp | 322.9 bp −$323 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 16.79 bp | 46.4 bp −$46 | 498.5 bp −$4,985 | 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 | −0.503% | $10K | $319 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01191 | −0.293% | $250K | $124K | 20x | as long as short |
| Gate CTR_USDTlong | +0.0100% | 4h | 0.01194 | long leg | $115K | $16K | 20x | |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01188 | −0.503% | $276K | $341K | 20x | as long as short |
| Aster CTRUSDT | +0.0575% | 4h | 0.01189 | −0.396% | $9K | $6K | 5x | as long as short |
| Bitget CTRUSDTshort | +0.0746% | 4h | 0.01190 | −0.335% | $543K | $56K | 20x | |
| MEXC CTR_USDT | +0.0918% | 4h | 0.01190 | −0.335% | $604K | $157K | 20x | as long as short |
| Binance CTRUSDT | +0.0918% | 4h | 0.01190 | −0.319% | $2.2M | $829K | 20x | as long as short |
Gate CTR_USDT
Bitget CTRUSDT
Lighter CTR
Bybit CTRUSDT
KuCoin CTRUSDTM
Aster CTRUSDT
MEXC CTR_USDT
Binance CTRUSDT