Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.157%
Price spread now: Bybit against Gate−0.027%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days+0.461%+$46 on $10k
+Price spread, last 7 days−0.125%−$13 · spread now −0.027%, 7d avg +0.022%
=Funding pays, the price is against you. Bybit is 0.049% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.022%). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.461% in total) that is about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate F_USDT | 0.003718 | 0.0005 | pay 0.0005% / 8h | 2h 41m | $180K | $1.4M | 25x |
| Short | Bybit FUSDT | 0.003717 | 0.0100 | get 0.0050% / 4h | 2h 41m | $2.4M | $2.6M | 25x |
Gate F_USDT
Bybit FUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $19.95
- Price spread: −0.027% → +0.022%
- −$4.91
- Slippage, 4 orders
- −$81.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$92.37
- Costs to cover
- 1.074%
- Break-even
- 39.4 days
Slippage from Gate: live order book, just now; Bybit: live order book, 5 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, just now | 2.69 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.70 bp | 30.2 bp −$30 | 178.2 bp −$1,782 | 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_USDTlong | +0.0005% | 8h | 0.003718 | long leg | $180K | $1.4M | 25x | |
| Aster FUSDT | +0.0100% | 4h | 0.003718 | −0.008% | $15K | $30K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003719 | +0.023% | $4.0M | $7.7M | 50x | as long as short |
| Bybit FUSDTshort | +0.0100% | 4h | 0.003717 | −0.027% | $2.4M | $2.6M | 25x | |
| OKX F-USDT-SWAP | +0.0100% | 4h | 0.003718 | 0.000% | $751K | $2.2M | 20x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003718 | 0.000% | $636K | $191K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003717 | −0.027% | $785K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003719 | +0.027% | $507K | $999K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003718 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003708 | −0.268% | $699 | $379 | — | as long as short |
Aster FUSDT
Binance FUSDT
OKX F-USDT-SWAP
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F