Settings8H · net · $10k
Funding arb · Price arb /

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate+0.086%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.356%+$36 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.086%, 7d avg −0.006%
Together, before fees+0.343%+$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.092% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ESP_USDT0.093550.0100pay 0.0100% / 8h6h 52m$176K$599K50x
ShortBitget ESPUSDT0.093630.0100get 0.0050% / 4h2h 52m$944K$152K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.086% → −0.006%
$9.15
Slippage, 4 orders
−$168.6
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$186.45
Costs to cover
1.956%
Break-even
never at this rate
Slippage from Gate: live order book, 14 min ago; Bitget: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 14 min ago14.82 bp70.1 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 13 min ago17.05 bp31.4 bp −$3189.0 bp −$890doesn't fitdoesn't fit

ESP on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ESP-USDT+0.0095%4h0.09345−0.107%$123K$34K25xas long as short
Aster ESPUSDT+0.0100%4h0.09353−0.018%$6K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09356+0.009%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09364+0.096%$592K$1.2M20xas long as short
Gate ESP_USDTlong+0.0100%8h0.09355long leg$176K$599K50x
MEXC ESP_USDT+0.0100%4h0.09360+0.053%$1.2M$116K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09360+0.053%$1.5M$50K25xas long as short
Bitget ESPUSDTshort+0.0100%4h0.09363+0.086%$944K$152K20x
edgeX ESPUSDC+0.0104%4h0.09355−0.004%$29K$269K10xas long as short
BingX ESP-USDT+0.0302%4h0.09362+0.075%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0457%4h0.09345−0.107%$1.1M$615K50xas long as short