Funding you earn now, next payment 03:00 UTC+0.0716%/8h= +78.5% APRpaid last 24h +0.212%
Price spread now: Deribit against Gate−0.123%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
Funding pays, the price is against you. Deribit is 0.123% cheaper against Gate than usual: you would sell low and buy high (spread −0.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 14 hours of funding at the current rate (+$21 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EDGEX_USDT | 0.5949 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $586K | $229K | 50x |
| Short | Deribit EDGEX_USDC-PERPETUAL | 0.5942 | 0.0816 | get 0.0102% / 1h | 17m 58s | $101 | $209 | 10x |
Gate EDGEX_USDT
Deribit EDGEX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $150.46
- Price spread: −0.123% → 0.000%
- −$12.27
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $116.19
- Costs to cover
- 0.220%
- Break-even
- 1.6 days
Slippage unknown: Gate: live order book, 43 min ago; Deribit: no order-book sample. 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 Gate live order book, 43 min ago | 11.84 bp | 416.5 bp −$416 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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_USDTlong | +0.0100% | 4h | 0.5949 | long leg | $586K | $229K | 50x | |
| Coinbase International EDGEX-PERP-INTX | +0.0496% | 1h | 0.5927 | −0.371% | $9K | $30K | 50x | as long as short |
| BingX EDGEX-USDT | +0.0504% | 4h | 0.5945 | −0.067% | — | $1.8M | — | as long as short |
| Deribit EDGEX_USDC-PERPETUALshort | +0.0816% | 1h | 0.5942 | −0.123% | $101 | $209 | 10x |
Coinbase International EDGEX-PERP-INTX
BingX EDGEX-USDT