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

GENIUS

all GENIUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.247%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3213.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 7 days+0.230%+$23 · spread now −0.247%, 7d avg −0.035%
Together, before fees+0.065%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.211% cheaper against Bybit than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GENIUSUSDT0.36510.0100pay 0.0050% / 4h2h 33m$1.6M$2.5M25x
ShortGate GENIUS_USDT0.36420.0100get 0.0050% / 4h2h 33m$252K$472K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.247% → −0.035%
−$21.15
Slippage, 4 orders
−$294.71
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$341.86
Costs to cover
3.207%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 33 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 Bybit live order book, 4 min ago5.50 bp95.5 bp −$95724.3 bp −$7,243doesn't fitdoesn't fit
Sell Gate live order book, 33 min ago12.13 bp84.3 bp −$84doesn't fitdoesn't fitdoesn't fit

GENIUS on 11 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 GENIUSUSDTlong+0.0100%4h0.3651long leg$1.6M$2.5M25x
Gate GENIUS_USDTshort+0.0100%4h0.3642−0.247%$252K$472K20x
KuCoin GENIUSUSDTM+0.0100%4h0.3641−0.279%$553K$1.9M20xas long as short
Bitget GENIUSUSDT+0.0100%4h0.3640−0.304%$778K$1.3M20xas long as short
Variational Omni GENIUS+0.0100%4h0.3636−0.399%$95K$106Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3650−0.027%$1K$643K20xas long as short
BingX GENIUS-USDT+0.0132%4h0.3650−0.027%$1.7Mas long as short
MEXC GENIUS_USDT+0.0150%4h0.3647−0.110%$497K$334K20xas long as short
Extended GENIUS-USD+0.0160%1h0.3648−0.082%$2K$177K5xas long as short
Binance GENIUSUSDT+0.0162%4h0.3650−0.014%$9.2M$19.4M50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GENIUSUSDT+0.0561%4h0.3648−0.082%$260K$553K20xas long as short