Funding you earn now, next payment 04:00 UTC−0.0580%/8h= −63.5% APRnext payment −$2.90 per $10,000 · paid last 24h +0.028%
Price spread now: Bitget against Gate+0.095%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$838as in the Funding arb table
Net, price: spread back to 7d avg − costs−$823as in the Price arb table
costs, in and out, $10k−$8358.351% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days−0.174%−$17 · spread now +0.095%, 7d avg −0.022%
=The price spread pays, funding is against you. Bitget is 0.117% dearer against Gate than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.022%): +$12 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.031% in total) that is about 26 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EPIC_USDT | 0.6307 | 0.0680 | pay 0.0340% / 4h | 1h 22m | $544K | $1.5M | 25x |
| Short | Bitget EPICUSDT | 0.6313 | 0.0100 | get 0.0050% / 4h | 1h 22m | $5.5M | $3.3M | 10x |
Funding 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
- −$121.8
- Price spread: +0.095% → −0.022%
- $11.66
- Slippage, 4 orders
- −$808.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$945.21
- Costs to cover
- 8.351%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Bitget: 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, 5 min ago | 8.69 bp | 340.7 bp −$341 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.95 bp | 46.6 bp −$47 | 434.7 bp −$4,347 | doesn't fit | doesn't fit |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EPIC-USDT | +0.0065% | 4h | 0.6337 | +0.476% | $328K | $97K | 20x | as long as short |
| BingX EPIC-USDT | +0.0070% | 4h | 0.6315 | +0.127% | — | $2.5M | — | as long as short |
| Binance EPICUSDT | +0.0100% | 4h | 0.6311 | +0.071% | $6.4M | $23.5M | 20x | as long as short |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6323 | +0.254% | $1.3M | $5.0M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6313 | +0.095% | $269K | $306K | 20x | as long as short |
| Bitget EPICUSDTshort | +0.0100% | 4h | 0.6313 | +0.095% | $5.5M | $3.3M | 10x | |
| Gate EPIC_USDTlong | +0.0680% | 4h | 0.6307 | long leg | $544K | $1.5M | 25x |
Gate EPIC_USDT
Bitget EPICUSDT
BloFin EPIC-USDT
BingX EPIC-USDT
Binance EPICUSDT
Bybit EPICUSDT
MEXC EPIC_USDT