Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against Bitget−0.251%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1711.710% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.251%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.267% cheaper against Bitget than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ERAUSDT | 0.06772 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $812K | $244K | 25x |
| Short | Gate ERA_USDT | 0.06755 | 0.0100 | get 0.0050% / 4h | 2h 12m | $148K | $691K | 25x |
Bitget ERAUSDT
Gate ERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $0
- Price spread: −0.251% → +0.016%
- −$26.68
- Slippage, 4 orders
- −$144
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$197.68
- Costs to cover
- 1.710%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; Gate: live order book, 54 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 Bitget live order book, 53 min ago | 8.11 bp | 32.4 bp −$32 | 351.1 bp −$3,511 | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 7.38 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
ERA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ERAUSDT | +0.0100% | 4h | 0.06757 | −0.219% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDT | +0.0100% | 4h | 0.06763 | −0.129% | $2.1M | $4.5M | 25x | as long as short |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06761 | −0.162% | $768K | $820K | 25x | as long as short |
| Gate ERA_USDTshort | +0.0100% | 4h | 0.06755 | −0.251% | $148K | $691K | 25x | |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06764 | −0.118% | $533K | $148K | 20x | as long as short |
| KuCoin ERAUSDTM | +0.0100% | 4h | 0.06761 | −0.162% | $139K | $68K | 25x | as long as short |
| Bitget ERAUSDTlong | +0.0100% | 4h | 0.06772 | long leg | $812K | $244K | 25x | |
| BingX ERA-USDT | +0.0100% | 4h | 0.06759 | −0.192% | — | $6.5M | — | as long as short |
| Variational Omni ERA | +0.0100% | 4h | 0.06758 | −0.203% | $10K | $594 | — | as long as short |
Aster ERAUSDT
Binance ERAUSDT
Bybit ERAUSDT
MEXC ERA_USDT
KuCoin ERAUSDTM
BingX ERA-USDT
Variational Omni ERA