Funding you earn now, next payment 04:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.94 per $10,000 · paid last 24h −0.084%
Price spread now: Bybit against Gate−0.139%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$824as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7737.732% of the position
Funding, last 7 days−0.509%−$51 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.139%, 7d avg −0.108%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIGHT_USDT | 0.003590 | 0.0288 | pay 0.0144% / 4h | 2h 08m | $221K | $57K | 20x |
| Short | Bybit FIGHTUSDT | 0.003585 | 0.0100 | get 0.0050% / 4h | 2h 08m | $1.6M | $239K | 20x |
Gate FIGHT_USDT
Bybit FIGHTUSDTFunding 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
- −$39.48
- Price spread: −0.139% → −0.108%
- −$3.08
- Slippage, 4 orders
- −$747.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$815.76
- Costs to cover
- 7.732%
- Break-even
- never at this rate
Slippage from Gate: live order book, 53 min ago; Bybit: live order book, 2 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, 53 min ago | 13.90 bp | 202.3 bp −$202 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 6.96 bp | 170.1 bp −$170 | doesn't fit | doesn't fit | doesn't fit |
FIGHT on 7 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 FIGHTUSDTshort | +0.0100% | 4h | 0.003585 | −0.139% | $1.6M | $239K | 20x | |
| Aster FIGHTUSDT | +0.0183% | 4h | 0.003580 | −0.280% | $13K | $6K | 5x | as long as short |
| Gate FIGHT_USDTlong | +0.0288% | 4h | 0.003590 | long leg | $221K | $57K | 20x | |
| KuCoin FIGHTUSDTM | +0.0392% | 4h | 0.003576 | −0.390% | $451K | $26K | 20x | as long as short |
| Binance FIGHTUSDT | +0.1100% | 4h | 0.003584 | −0.167% | $3.3M | $1.4M | 20x | as long as short |
| MEXC FIGHT_USDT | +0.1104% | 4h | 0.003584 | −0.167% | $214K | $126K | 20x | as long as short |
| Bitget FIGHTUSDT | +0.1170% | 4h | 0.003575 | −0.418% | $1.1M | $136K | 5x | as long as short |
Aster FIGHTUSDT
KuCoin FIGHTUSDTM
Binance FIGHTUSDT
MEXC FIGHT_USDT
Bitget FIGHTUSDT