Funding you earn now, next payment 00:00 UTC+0.0111%/8h= +12.1% APRnext payment +$1.11 per $10,000 · paid last 24h +0.021%
Price spread now: Gate against Bybit−0.010%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.010%, 7d avg +0.021%
=Funding pays, the price is against you. Gate is 0.031% cheaper against Bybit than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.021%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.024% in total) that is about 9.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FILUSDT | 0.9851 | −0.0011 | get 0.0011% / 8h | 1h 50m | $15.5M | $17.9M | 25x |
| Short | Gate FIL_USDT | 0.9850 | 0.0100 | get 0.0100% / 8h | 1h 50m | $7.8M | $16.1M | 50x |
Bybit FILUSDT
Gate FIL_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
- $23.24
- Price spread: −0.010% → +0.021%
- −$3.12
- Slippage, 4 orders
- −$30.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$35.95
- Costs to cover
- 0.561%
- Break-even
- 17.8 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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 | 0.51 bp | 12.1 bp −$12 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.02 bp | 13.2 bp −$13 | 23.6 bp −$236 | 60.8 bp −$6,084 | 103.2 bp −$51.6K |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1068% | 1h | 0.9850 | −0.010% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0697% | 1h | 0.9852 | +0.015% | $1.4M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9873 | +0.223% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9850 | −0.010% | $2K | $182K | 12x | as long as short |
| Lighter FIL | −0.0136% | 1h | 0.9837 | −0.138% | $158K | $337K | 5x | as long as short |
| Bitget FILUSDT | −0.0025% | 8h | 0.9856 | +0.051% | $10.8M | $21.4M | 75x | as long as short |
| Bybit FILUSDTlong | −0.0011% | 8h | 0.9851 | long leg | $15.5M | $17.9M | 25x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9847 | −0.044% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9840 | −0.117% | $57K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0020% | 8h | 0.9848 | −0.030% | $7.4M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0023% | 8h | 0.9853 | +0.020% | $18.2M | $96.1M | 50x | as long as short |
| Variational Omni FIL | +0.0064% | 8h | 0.9851 | −0.003% | $438K | $277K | — | as long as short |
| MEXC FIL_USDC | +0.0077% | 8h | 0.9842 | −0.091% | $250K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9844 | −0.066% | $689K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0083% | 8h | 0.9849 | −0.020% | $56.6M | $174.6M | 75x | as long as short |
| BingX FIL-USDC | +0.0086% | 8h | 0.9850 | −0.010% | — | $6.5M | — | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9846 | −0.053% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9846 | −0.052% | $487K | $515K | 20x | as long as short |
| Gate FIL_USDTshort | +0.0100% | 8h | 0.9850 | −0.010% | $7.8M | $16.1M | 50x | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9838 | −0.136% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9867 | +0.164% | $289K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9830 | −0.213% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9848 | −0.029% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9830 | −0.213% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9843 | −0.081% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9844 | −0.071% | $623K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | −0.112% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0203% | 8h | 0.9834 | −0.173% | $2.6M | $647K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0615% / S −0.0742% | 1h | 0.9841 | −0.105% | $213K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Variational Omni FIL
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDC
Hyperliquid FIL
Aster FILUSDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]