Funding you earn now, next payment 00:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.045%
Price spread now: Gate against Bybit+0.149%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1281.281% of the position
Funding, last 7 days+0.684%+$68 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now +0.149%, 7d avg +0.188%
=Funding pays, the price is against you. Gate is 0.039% cheaper against Bybit than usual: you would sell low and buy high (spread +0.149% now, against its 7-day average of +0.188%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.684% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FFUSDT | 0.1275 | −0.0046 | get 0.0023% / 4h | 37m 21s | $14.3M | $7.6M | 20x |
| Short | Gate FF_USDT | 0.1277 | 0.0100 | get 0.0050% / 4h | 37m 21s | $26.9M | $2.1M | 50x |
Bybit FFUSDT
Gate FF_USDTFunding 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
- $30.74
- Price spread: +0.149% → +0.188%
- −$3.88
- Slippage, 4 orders
- −$102.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$101.25
- Costs to cover
- 1.281%
- Break-even
- 30.1 days
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 | 1.96 bp | 44.0 bp −$44 | 314.2 bp −$3,142 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.74 bp | 23.4 bp −$23 | 99.6 bp −$996 | doesn't fit | doesn't fit |
FF on 11 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 FF-USDT | −0.0269% | 4h | 0.1274 | −0.039% | $2.3M | $326K | 20x | as long as short |
| Binance FFUSDT | −0.0226% | 4h | 0.1274 | −0.019% | $43.1M | $28.3M | 20x | as long as short |
| MEXC FF_USDT | −0.0226% | 4h | 0.1274 | −0.024% | $10.1M | $1.9M | 50x | as long as short |
| Bybit FFUSDTlong | −0.0046% | 4h | 0.1275 | long leg | $14.3M | $7.6M | 20x | |
| Aster FFUSDT | +0.0100% | 4h | 0.1276 | +0.120% | $1.2M | $23K | 5x | as long as short |
| Gate FF_USDTshort | +0.0100% | 4h | 0.1277 | +0.149% | $26.9M | $2.1M | 50x | |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1278 | +0.259% | $8.7M | $5.7M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1276 | +0.102% | $18.6M | $1.8M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1275 | +0.008% | — | $6.9M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1274 | −0.024% | $2K | $1.9M | 20x | as long as short |
BloFin FF-USDT
Binance FFUSDT
MEXC FF_USDT
Aster FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0256% | 1h | 0.1279 | +0.306% | $135K | $42K | 3x | as long as short |
Lighter FF