Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.013%
Price spread now: Bitget against Gate−0.042%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.042%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7163 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $1.7M | $2.1M | 75x |
| Short | Bitget ETHFIUSDT | 0.7160 | 0.0084 | get 0.0042% / 4h | 1h 24m | $6.1M | $5.7M | 75x |
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
- −$3.36
- Price spread: −0.042% → −0.038%
- −$0.41
- Slippage, 4 orders
- −$61.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.74
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago | 2.80 bp | 30.8 bp −$31 | 216.1 bp −$2,161 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.10 bp | 17.9 bp −$18 | 33.2 bp −$332 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0449% | 1h | 0.7149 | −0.195% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0253% | 1h | 0.7156 | −0.103% | $281K | $148K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0201% | 4h | 0.7136 | −0.377% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0184% | 4h | 0.7144 | −0.265% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.075% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0034% | 8h | 0.7160 | −0.041% | $6K | — | 5x | as long as short |
| Binance ETHFIUSDT | +0.0034% | 4h | 0.7159 | −0.056% | $24.8M | $37.2M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0036% | 4h | 0.7160 | −0.042% | $15.1M | $3.8M | 125x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7158 | −0.067% | $93K | $493K | 10x | as long as short |
| Bitget ETHFIUSDTshort | +0.0084% | 4h | 0.7160 | −0.042% | $6.1M | $5.7M | 75x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7142 | −0.298% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7167 | +0.063% | $1.1M | $898K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7166 | +0.039% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7159 | −0.057% | $183K | $258K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7164 | +0.014% | $18.2M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7163 | 0.000% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7163 | long leg | $1.7M | $2.1M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7156 | −0.098% | $1.2M | $272K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7163 | 0.000% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7143 | −0.278% | $1.0M | $755K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7144 | −0.271% | $59K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7139 | −0.335% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0149% | 4h | 0.7132 | −0.433% | $1.3M | $290K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7168 | +0.070% | $31K | $7K | 50x | as long as short |
Gate ETHFI_USDT
Bitget ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Binance ETHFIUSDT
MEXC ETHFI_USDT
Extended ETHFI-USD
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX