Funding you earn now, next payment 00:00 UTC−0.4856%/8h= −531.7% APRnext payment −$6.07 per $10,000 · paid last 24h −0.576%
Price spread now: Gate against Bitget−0.031%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.893% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days−0.102%−$10 · spread now −0.031%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$146 a day on $10k at the current rate, and Gate is 0.024% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GUSDT | 0.006426 | −0.6592 | get 0.0824% / 1h | 37m 40s | $1.4M | $10.8M | 50x |
| Short | Gate G_USDT | 0.006424 | −1.1448 | pay 0.1431% / 1h | 37m 40s | $892K | $6.2M | 25x |
Bitget GUSDT
Gate G_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$1,019.76
- Price spread: −0.031% → −0.007%
- −$2.44
- Slippage, 4 orders
- −$62.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,111.47
- Costs to cover
- 0.893%
- Break-even
- never at this rate
Slippage from Bitget: 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 Bitget live order book, 1 min ago | 3.89 bp | 18.1 bp −$18 | 85.9 bp −$859 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 5.45 bp | 26.1 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GUSDT | −1.1595% | 1h | 0.006429 | +0.047% | $9.1M | $85.4M | 50x | as long as short |
| MEXC G_USDT | −1.1584% | 1h | 0.006419 | −0.109% | $4.2M | $1.5M | 20x | as long as short |
| Gate G_USDTshort | −1.1448% | 1h | 0.006424 | −0.031% | $892K | $6.2M | 25x | |
| Aster GUSDT | −1.1228% | 1h | 0.006424 | −0.026% | $633K | $2.2M | 5x | as long as short |
| KuCoin GUSDTM | −0.6824% | 1h | 0.006400 | −0.405% | $1.6M | $1.5M | 30x | as long as short |
| Bitget GUSDTlong | −0.6592% | 1h | 0.006426 | long leg | $1.4M | $10.8M | 50x | |
| BingX G-USDT | −0.2602% | 1h | 0.006426 | 0.000% | — | $3.2M | — | as long as short |
Binance GUSDT
MEXC G_USDT
Aster GUSDT
KuCoin GUSDTM
BingX G-USDT