Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.123%
Price spread now: Gate against Bybit−0.090%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$779as in the Funding arb table
Net, price: spread back to 7d avg − costs−$767as in the Price arb table
costs, in and out, $10k−$7617.609% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.090%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FHEUSDT | 0.02227 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $1.6M | $490K | 13x |
| Short | Gate FHE_USDT | 0.02225 | 0.0100 | get 0.0100% / 8h | 3h 33m | $616K | $72K | 10x |
Bybit FHEUSDT
Gate FHE_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
- $0
- Price spread: −0.090% → −0.031%
- −$5.86
- Slippage, 4 orders
- −$734.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$766.81
- Costs to cover
- 7.609%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 18 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, 3 min ago | 6.73 bp | 76.5 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 8.93 bp | 372.2 bp −$372 | doesn't fit | doesn't fit | doesn't fit |
FHE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDTlong | +0.0100% | 4h | 0.02227 | long leg | $1.6M | $490K | 13x | |
| Gate FHE_USDTshort | +0.0100% | 8h | 0.02225 | −0.090% | $616K | $72K | 10x | |
| Aster FHEUSDT | +0.0366% | 4h | 0.02228 | +0.061% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0554% | 4h | 0.02228 | +0.045% | — | $6.5M | — | as long as short |
| MEXC FHE_USDT | +0.0580% | 4h | 0.02231 | +0.180% | $846K | $299K | 50x | as long as short |
| Extended FHE-USD | +0.0584% | 1h | 0.02231 | +0.182% | $4K | $92K | 5x | as long as short |
| Binance FHEUSDT | +0.0586% | 4h | 0.02232 | +0.202% | $2.9M | $1.4M | 10x | as long as short |
| KuCoin FHEUSDTM | +0.0968% | 4h | 0.02230 | +0.135% | $659K | $9.5M | 10x | as long as short |
Aster FHEUSDT
BingX FHE-USDT
MEXC FHE_USDT
Extended FHE-USD
Binance FHEUSDT
KuCoin FHEUSDTM