ESPORTS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0868%/8h= +95.0% APRnext payment +$4.34 per $10,000 · paid last 24h +0.038%

Price spread now: Gate against Bybit+0.039%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,340as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,312as in the Price arb table

costs, in and out, $10k−$1,31513.153% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.039%, 7d avg +0.003%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Gate is 0.036% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.251%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.251% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.34 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	Bybit ESPORTSUSDT	0.01028	0.0100	pay 0.0050% / 4h	2h 38m	$1.8M	$1.1M	10x
Short	Gate ESPORTS_USDT	0.01028	0.0968	get 0.0484% / 4h	2h 38m	$370K	$564K	10x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now +0.039%Rate

Funding earned: $182.28
Price spread: +0.039% → +0.003%: $3.63
Slippage, 4 orders: −$1,289.31
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,129.4
Costs to cover: 13.153%
Break-even: 50.4 days

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 8 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, 3 min ago	9.74 bp	53.7 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 8 min ago	9.71 bp	617.6 bp −$618	doesn't fit	doesn't fit	doesn't fit

ESPORTS on 8 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
Bybit ESPORTSUSDTlong	+0.0100%	4h	0.01028	long leg	$1.8M	$1.1M	10x
Variational Omni ESPORTS	+0.0100%	4h	0.01028	+0.072%	$31K	$503	—	as long as short
KuCoin ESPORTSUSDTM	+0.0190%	4h	0.01026	−0.156%	$771K	$39K	10x	as long as short
Gate ESPORTS_USDTshort	+0.0968%	4h	0.01028	+0.039%	$370K	$564K	10x
Aster ESPORTSUSDT	+0.1153%	4h	0.01027	−0.037%	$125K	$89K	5x	as long as short
Binance ESPORTSUSDT	+0.1597%	4h	0.01027	−0.086%	$5.7M	$4.6M	10x	as long as short
BingX ESPORTS-USDT	+0.1612%	4h	0.01027	−0.058%	—	$1.4M	—	as long as short
MEXC ESPORTS_USDT	+0.1616%	4h	0.01025	−0.253%	$1.3M	$190K	20x	as long as short