Funding you earn now, next payment 04:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.080%
Price spread now: Gate against Bybit0.000%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.024% of the position
Funding, last 7 days−0.461%−$46 on $10k
+Price spread, last 7 days+0.227%+$23 · spread now 0.000%, 7d avg −0.024%
=The price spread pays, funding is against you. Gate is 0.024% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.024%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FUSDT | 0.003671 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $2.3M | $2.2M | 25x |
| Short | Gate F_USDT | 0.003671 | −0.0089 | pay 0.0089% / 8h | 6h 11m | $151K | $1.4M | 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
- −$39.69
- Price spread: 0.000% → −0.024%
- $2.39
- Slippage, 4 orders
- −$76.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$139.72
- Costs to cover
- 1.024%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 2.73 bp | 25.1 bp −$25 | 147.6 bp −$1,476 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.36 bp | 29.8 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX F-USDT-SWAP | −0.0169% | 4h | 0.003668 | −0.082% | $722K | $2.1M | 20x | as long as short |
| Gate F_USDTshort | −0.0089% | 8h | 0.003671 | 0.000% | $151K | $1.4M | 25x | |
| Aster FUSDT | +0.0100% | 4h | 0.003672 | +0.027% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003671 | 0.000% | $3.9M | $6.4M | 50x | as long as short |
| Bybit FUSDTlong | +0.0100% | 4h | 0.003671 | long leg | $2.3M | $2.2M | 25x | |
| MEXC F_USDT | +0.0100% | 4h | 0.003671 | 0.000% | $630K | $174K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003672 | +0.027% | $749K | $1.2M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003671 | 0.000% | $484K | $814K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003670 | −0.027% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003670 | −0.018% | $700 | $386 | — | as long as short |
Bybit FUSDT
Gate F_USDT
OKX F-USDT-SWAP
Aster FUSDT
Binance FUSDT
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F