Settings8H · net · $10k
Funding arb · Price arb /

F

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.234%−$23 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUSDT0.0036710.0100pay 0.0050% / 4h2h 11m$2.3M$2.2M25x
ShortGate F_USDT0.003671−0.0089pay 0.0089% / 8h6h 11m$151K$1.4M25x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.73 bp25.1 bp −$25147.6 bp −$1,476doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago1.36 bp29.8 bp −$30doesn't fitdoesn't fitdoesn't fit

F on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX F-USDT-SWAP−0.0169%4h0.003668−0.082%$722K$2.1M20xas long as short
Gate F_USDTshort−0.0089%8h0.0036710.000%$151K$1.4M25x
Aster FUSDT+0.0100%4h0.003672+0.027%$15K$24K5xas long as short
Binance FUSDT+0.0100%4h0.0036710.000%$3.9M$6.4M50xas long as short
Bybit FUSDTlong+0.0100%4h0.003671long leg$2.3M$2.2M25x
MEXC F_USDT+0.0100%4h0.0036710.000%$630K$174K50xas long as short
KuCoin FUSDTM+0.0100%4h0.003672+0.027%$749K$1.2M30xas long as short
Bitget FUSDT+0.0100%4h0.0036710.000%$484K$814K50xas long as short
BingX F-USDT+0.0100%4h0.003670−0.027%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003670−0.018%$700$386as long as short