Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.036%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$593as in the Funding arb table
Net, price: spread back to 7d avg − costs−$634as in the Price arb table
costs, in and out, $10k−$6306.301% of the position
Funding, last 7 days+0.373%+$37 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.036%, 7d avg +0.080%
=Funding pays, the price is against you. Bitget is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.080%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ELSA_USDT | 0.05599 | 0.0100 | pay 0.0050% / 4h | 32m 02s | $141K | $48K | 20x |
| Short | Bitget ELSAUSDT | 0.05601 | 0.0222 | get 0.0111% / 4h | 32m 02s | $466K | $188K | 20x |
Gate ELSA_USDT
Bitget ELSAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $25.62
- Price spread: +0.036% → +0.080%
- −$4.44
- Slippage, 4 orders
- −$603.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$608.87
- Costs to cover
- 6.301%
- Break-even
- 173.4 days
Slippage from Gate: live order book, 18 min ago; Bitget: live order book, 19 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, 18 min ago | 7.15 bp | 246.9 bp −$247 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 19 min ago | 11.62 bp | 43.5 bp −$43 | 383.4 bp −$3,834 | 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 | 0.05617 | +0.329% | $1.3M | $1.2M | 20x | as long as short |
| Gate ELSA_USDTlong | +0.0100% | 4h | 0.05599 | long leg | $141K | $48K | 20x | |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05617 | +0.321% | $512K | $133K | 50x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05602 | +0.054% | $186K | $24K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05584 | −0.267% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDTshort | +0.0222% | 4h | 0.05601 | +0.036% | $466K | $188K | 20x | |
| Aster ELSAUSDT | +0.0445% | 4h | 0.05605 | +0.113% | $32K | $5K | 5x | as long as short |
| BingX ELSA-USDT | +0.0504% | 4h | 0.05620 | +0.375% | — | $1.3M | — | as long as short |
| Bybit ELSAUSDT | +0.0653% | 4h | 0.05616 | +0.304% | $838K | $296K | 20x | as long as short |
Binance ELSAUSDT
MEXC ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Aster ELSAUSDT
BingX ELSA-USDT
Bybit ELSAUSDT