Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.041%
Price spread now: Bybit against Gate+0.207%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$962as in the Funding arb table
Net, price: spread back to 7d avg − costs−$930as in the Price arb table
costs, in and out, $10k−$9469.461% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.207%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.164% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DEXE_USDT | 1.9310 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $483K | $766K | 20x |
| Short | Bybit DEXEUSDT | 1.9350 | 0.0186 | get 0.0093% / 4h | 1h 41m | $2.4M | $884K | 20x |
Gate DEXE_USDT
Bybit DEXEUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.09
- Price spread: +0.207% → +0.043%
- $16.4
- Slippage, 4 orders
- −$920.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$911.64
- Costs to cover
- 9.461%
- Break-even
- 359.9 days
Slippage from Gate: live order book, 40 min ago; Bybit: live order book, 1 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, 40 min ago | 5.16 bp | 601.9 bp −$602 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.59 bp | 52.6 bp −$53 | 1075.5 bp −$10.8K | doesn't fit | doesn't fit |
DEXE on 12 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 | −3.677% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9340 | +0.155% | $171K | $36K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9321 | +0.059% | $7.0M | $8.5M | 20x | as long as short |
| Gate DEXE_USDTlong | +0.0100% | 4h | 1.9310 | long leg | $483K | $766K | 20x | |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9310 | 0.000% | $1.8M | $210K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9300 | −0.052% | $3.2M | $508K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9330 | +0.104% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9313 | +0.016% | $35K | $2K | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9310 | 0.000% | $8K | — | 10x | as long as short |
| Bybit DEXEUSDTshort | +0.0186% | 4h | 1.9350 | +0.207% | $2.4M | $884K | 20x |
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythosShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSD | +0.0235% | 1h | 1.9322 | +0.064% | $43K | $56K | 20x | as long as short |
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9310 | 0.000% | $390K | $30K | 20x | as long as short |
Kraken Futures PF_DEXEUSD
BloFin DEXE-USDT