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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.253%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$775as in the Funding arb table
Net, price: spread back to 7d avg − costs−$783as in the Price arb table
costs, in and out, $10k−$7727.721% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.437%+$44 · spread now −0.253%, 7d avg −0.140%
Together, before fees+0.405%+$41 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: Bybit is 0.113% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DEEP_USDT0.019780.0100pay 0.0050% / 4h58m 22s$305K$96K50x
ShortBybit DEEPUSDT0.019730.0100get 0.0100% / 8h4h 58m$4.2M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.253% → −0.140%
−$11.25
Slippage, 4 orders
−$746.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$783.39
Costs to cover
7.721%
Break-even
never at this rate
Slippage from Gate: live order book, 62 min ago; Bybit: live order book, 4 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, 62 min ago7.59 bp476.9 bp −$477doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.53 bp35.9 bp −$36170.9 bp −$1,709doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.8000%1h0.01954−1.213%$80K$13K20xas long as short
BloFin DEEP-USDT+0.0093%8h0.01977−0.051%$139K$34K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01979+0.075%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.01973−0.253%$4.2M$2.7M50x
Gate DEEP_USDTlong+0.0100%4h0.01978long leg$305K$96K50x
MEXC DEEP_USDT+0.0100%4h0.01981+0.152%$1.1M$458K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01981+0.152%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01981+0.152%$812K$590K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01981+0.152%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01978−0.020%$13K$9Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USD+0.0104%1h0.01980+0.077%$3K$198K5xas long as short
Kraken Futures PF_DEEPUSD+3.2344%1h0.01969−0.444%$7K$7K10xas long as short