Funding you earn now, next payment 05:00 UTC−0.1635%/8h= −179.1% APRpaid last 24h −0.236%
Price spread now: Gate against Deribit−0.439%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Gate is 0.439% cheaper against Deribit than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EDGEX_USDC-PERPETUAL | 0.5935 | 0.1735 | pay 0.0217% / 1h | 32m 56s | $101 | $100 | 10x |
| Short | Gate EDGEX_USDT | 0.5909 | 0.0100 | get 0.0050% / 4h | 3h 32m | $584K | $234K | 50x |
Deribit EDGEX_USDC-PERPETUAL
Gate EDGEX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Deribit. 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
- −$343.43
- Price spread: −0.439% → 0.000%
- −$43.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$409.31
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 18 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 18 min ago | 9.27 bp | 398.8 bp −$399 | doesn't fit | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EDGEX on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EDGEX_USDTshort | +0.0100% | 4h | 0.5909 | −0.439% | $584K | $234K | 50x | |
| Coinbase International EDGEX-PERP-INTX | +0.0272% | 1h | 0.5912 | −0.383% | $9K | $25K | 50x | as long as short |
| BingX EDGEX-USDT | +0.0512% | 4h | 0.5931 | −0.068% | — | $1.8M | — | as long as short |
| Deribit EDGEX_USDC-PERPETUALlong | +0.1735% | 1h | 0.5935 | long leg | $101 | $100 | 10x |
Coinbase International EDGEX-PERP-INTX
BingX EDGEX-USDT