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

FIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0388%/8h= +42.5% APRnext payment +$1.94 per $10,000 · paid last 24h −0.061%
Price spread now: Bitget against Gate−0.139%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$643as in the Funding arb table
Net, price: spread back to 7d avg − costs−$711as in the Price arb table
costs, in and out, $10k−$7137.128% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.697%+$70 on $10k
Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.139%, 7d avg −0.161%
Together, before fees+0.867%+$87 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FIGHT_USDT0.0035880.0782pay 0.0391% / 4h1h 19m$223K$61K20x
ShortBitget FIGHTUSDT0.0035830.1170get 0.0585% / 4h1h 19m$1.1M$130K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$81.48
Price spread: −0.139% → −0.161%
$2.17
Slippage, 4 orders
−$685.78
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$629.13
Costs to cover
7.128%
Break-even
61.0 days
Slippage from Gate: live order book, 37 min ago; Bitget: 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 Gate live order book, 37 min ago16.63 bp562.8 bp −$563doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago8.36 bp37.4 bp −$37339.8 bp −$3,398doesn't fitdoesn't fit

FIGHT on 8 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
Bybit FIGHTUSDT+0.0100%4h0.003593+0.139%$1.6M$232K20xas long as short
KuCoin FIGHTUSDTM+0.0100%4h0.003578−0.279%$451K$26K20xas long as short
Aster FIGHTUSDT+0.0628%4h0.003586−0.064%$13K$6K5xas long as short
Gate FIGHT_USDTlong+0.0782%4h0.003588long leg$223K$61K20x
BloFin FIGHT-USDT+0.1137%4h0.003593+0.139%$311K$7K20xas long as short
Bitget FIGHTUSDTshort+0.1170%4h0.003583−0.139%$1.1M$130K5x
MEXC FIGHT_USDT+0.1180%4h0.003599+0.307%$215K$125K20xas long as short
Binance FIGHTUSDT+0.1208%4h0.003600+0.329%$3.3M$1.3M20xas long as short