Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.113%
Price spread now: Gate against Bitget−0.027%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$900.898% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.027%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.051% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FUSDT | 0.003725 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $495K | $981K | 50x |
| Short | Gate F_USDT | 0.003724 | 0.0070 | get 0.0070% / 8h | 1h 24m | $180K | $1.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$6.3
- Price spread: −0.027% → +0.024%
- −$5.09
- Slippage, 4 orders
- −$62.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$101.16
- Costs to cover
- 0.898%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 16 min ago; Gate: live order book, 2 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 Bitget live order book, 16 min ago | 2.68 bp | 15.3 bp −$15 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.34 bp | 23.9 bp −$24 | 243.0 bp −$2,430 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDTshort | +0.0070% | 8h | 0.003724 | −0.027% | $180K | $1.4M | 25x | |
| Aster FUSDT | +0.0100% | 4h | 0.003726 | +0.022% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003725 | 0.000% | $4.0M | $7.4M | 50x | as long as short |
| Bybit FUSDT | +0.0100% | 4h | 0.003722 | −0.081% | $2.4M | $2.5M | 25x | as long as short |
| OKX F-USDT-SWAP | +0.0100% | 4h | 0.003723 | −0.054% | $741K | $2.2M | 20x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003724 | −0.027% | $637K | $180K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003724 | −0.027% | $784K | $1.3M | 30x | as long as short |
| Bitget FUSDTlong | +0.0100% | 4h | 0.003725 | long leg | $495K | $981K | 50x | |
| BingX F-USDT | +0.0100% | 4h | 0.003723 | −0.054% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003721 | −0.106% | $702 | $379 | — | as long as short |
Bitget FUSDT
Gate F_USDT
Aster FUSDT
Binance FUSDT
Bybit FUSDT
OKX F-USDT-SWAP
MEXC F_USDT
KuCoin FUSDTM
BingX F-USDT
Variational Omni F