Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.063%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2302.305% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.063%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.104% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EULUSDT | 1.4362 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $1.6M | $1.4M | 25x |
| Short | Gate EUL_USDT | 1.4353 | 0.0100 | get 0.0050% / 4h | 3h 44m | $314K | $700K | 25x |
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 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: −0.063% → +0.041%
- −$10.36
- Slippage, 4 orders
- −$204.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$240.82
- Costs to cover
- 2.305%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 27 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 | 0.70 bp | 43.9 bp −$44 | 2259.6 bp −$22.6K | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 7.71 bp | 95.7 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0077% | 4h | 1.4366 | +0.028% | $304K | $7K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4358 | −0.028% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4356 | −0.043% | $3.3M | $4.7M | 25x | as long as short |
| Bybit EULUSDTlong | +0.0100% | 4h | 1.4362 | long leg | $1.6M | $1.4M | 25x | |
| Gate EUL_USDTshort | +0.0100% | 4h | 1.4353 | −0.063% | $314K | $700K | 25x | |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4351 | −0.077% | $504K | $124K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4360 | −0.014% | $2.2M | $273K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4362 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4339 | −0.158% | $12K | $1K | — | as long as short |
| HTX EUL-USDT | +0.0100% | 4h | 1.4405 | +0.299% | $131K | $43K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EULUSDC | +0.0108% | 4h | 1.4345 | −0.118% | $17K | $271K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0654% | 4h | 1.4376 | +0.097% | $310K | $56K | 25x | as long as short |
Bybit EULUSDT
Gate EUL_USDT
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
HTX EUL-USDT
edgeX EULUSDC
KuCoin EULUSDTM