Funding you earn now, next payment 08:00 UTC−0.0418%/8h= −45.8% APRpaid last 24h −0.874%
Price spread now: Gate against Bybit+0.117%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2372.367% of the position
Funding, last 7 days−1.104%−$110 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.117%, 7d avg +0.008%
=The price spread pays, funding is against you. Gate is 0.109% dearer against Bybit than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.008%): +$11 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ESPUSDT | 0.09403 | 0.0518 | pay 0.0259% / 4h | 3h 08m | $1.1M | $612K | 50x |
| Short | Gate ESP_USDT | 0.09414 | 0.0100 | get 0.0100% / 8h | 3h 08m | $184K | $609K | 50x |
Bybit ESPUSDT
Gate ESP_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
- −$87.88
- Price spread: +0.117% → +0.008%
- $10.93
- Slippage, 4 orders
- −$210.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$313.7
- Costs to cover
- 2.367%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 43 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, 2 min ago | 2.66 bp | 47.2 bp −$47 | 307.3 bp −$3,073 | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 6.90 bp | 65.0 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09414 | +0.117% | — | $1.7M | — | as long as short |
| BloFin ESP-USDT | +0.0095% | 4h | 0.09417 | +0.149% | $123K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09415 | +0.127% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09414 | +0.117% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09421 | +0.191% | $597K | $1.1M | 20x | as long as short |
| Gate ESP_USDTshort | +0.0100% | 8h | 0.09414 | +0.117% | $184K | $609K | 50x | |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09412 | +0.096% | $1.3M | $125K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09425 | +0.234% | $1.5M | $44K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09426 | +0.241% | $947K | $132K | 20x | as long as short |
| edgeX ESPUSDC | +0.0108% | 4h | 0.09426 | +0.248% | $29K | $266K | 10x | as long as short |
BingX ESP-USDT
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDTlong | +0.0518% | 4h | 0.09403 | long leg | $1.1M | $612K | 50x |