Funding you earn now, next payment 08:00 UTC−0.0395%/8h= −43.3% APRnext payment −$1.98 per $10,000 · paid last 24h −0.159%
Price spread now: Gate against Bybit0.000%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$636as in the Price arb table
costs, in and out, $10k−$6346.341% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now 0.000%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ELSAUSDT | 0.05604 | 0.0495 | pay 0.0248% / 4h | 3h 32m | $829K | $297K | 20x |
| Short | Gate ELSA_USDT | 0.05604 | 0.0100 | get 0.0050% / 4h | 3h 32m | $141K | $46K | 20x |
Bybit ELSAUSDT
Gate ELSA_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$82.99
- Price spread: 0.000% → +0.018%
- −$1.82
- Slippage, 4 orders
- −$608.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$718.86
- Costs to cover
- 6.341%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 17 min ago; Gate: live order book, 13 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, 17 min ago | 1.78 bp | 67.3 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 5.34 bp | 251.7 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
ELSA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ELSAUSDT | +0.0100% | 4h | 0.05603 | −0.018% | $1.3M | $1.2M | 20x | as long as short |
| Gate ELSA_USDTshort | +0.0100% | 4h | 0.05604 | 0.000% | $141K | $46K | 20x | |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05605 | +0.018% | $508K | $124K | 50x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05596 | −0.143% | $186K | $24K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05603 | −0.017% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDT | +0.0230% | 4h | 0.05605 | +0.018% | $467K | $178K | 20x | as long as short |
| Aster ELSAUSDT | +0.0375% | 4h | 0.05601 | −0.057% | $32K | $5K | 5x | as long as short |
| Bybit ELSAUSDTlong | +0.0495% | 4h | 0.05604 | long leg | $829K | $297K | 20x | |
| BingX ELSA-USDT | +0.0894% | 4h | 0.05603 | −0.018% | — | $1.3M | — | as long as short |
Binance ELSAUSDT
MEXC ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Bitget ELSAUSDT
Aster ELSAUSDT
BingX ELSA-USDT