DEXE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0473%/8h= −51.8% APRnext payment −$2.36 per $10,000 · paid last 24h −0.041%

Price spread now: Gate against Bybit0.000%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$718as in the Funding arb table

Net, price: spread back to 7d avg − costs−$731as in the Price arb table

costs, in and out, $10k−$7357.354% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.174%+$17 on $10k

Price spread, last 4 days (all we have)−0.103%−$10 · spread now 0.000%, 7d avg −0.045%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.045% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.045%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DEXEUSDT	1.9480	0.0573	pay 0.0286% / 4h	2h 10m	$2.4M	$955K	20x
Short	Gate DEXE_USDT	1.9480	0.0100	get 0.0050% / 4h	2h 10m	$478K	$807K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$99.28
Price spread: 0.000% → −0.045%: $4.55
Slippage, 4 orders: −$709.44
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$830.18
Costs to cover: 7.354%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 57 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, 2 min ago	5.12 bp	54.3 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 57 min ago	5.11 bp	266.0 bp −$266	doesn't fit	doesn't fit	doesn't fit

DEXE on 11 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
Injective DEXE/USDC PERP	+0.0033%	1h	1.8600	−4.517%	—	$3K	5.5x	as long as short
Aster DEXEUSDT	+0.0100%	4h	1.9500	+0.103%	$173K	$33K	5x	as long as short
Binance DEXEUSDT	+0.0100%	4h	1.9450	−0.154%	$7.0M	$8.9M	20x	as long as short
Gate DEXE_USDTshort	+0.0100%	4h	1.9480	0.000%	$478K	$807K	20x
MEXC DEXE_USDT	+0.0100%	4h	1.9460	−0.103%	$1.8M	$228K	20x	as long as short
Bitget DEXEUSDT	+0.0100%	4h	1.9440	−0.205%	$3.2M	$546K	10x	as long as short
BingX DEXE-USDT	+0.0100%	4h	1.9460	−0.103%	—	$1.8M	—	as long as short
Variational Omni DEXE	+0.0100%	4h	1.9527	+0.239%	$35K	$388	—	as long as short
Orderly PERP_DEXE_USDC_mythos	+0.0100%	4h	1.9490	+0.051%	$8K	—	10x	as long as short
Bybit DEXEUSDTlong	+0.0573%	4h	1.9480	long leg	$2.4M	$955K	20x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DEXEUSD	+0.0755%	1h	1.9451	−0.147%	$42K	$54K	20x	as long as short