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

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget+0.060%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.173%−$17 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.060%, 7d avg +0.007%
Together, before fees−0.210%−$21 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 0.053% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GMTUSDT0.0083550.0100pay 0.0050% / 4h37m 03s$673K$398K50x
ShortGate GMT_USDT0.0083600.0100get 0.0100% / 8h37m 03s$146K$105K50x

Funding 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 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: +0.060% → +0.007%
$5.32
Slippage, 4 orders
−$104.63
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$126.31
Costs to cover
1.316%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; Gate: live order book, 34 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 Bitget live order book, 38 min ago7.82 bp22.0 bp −$22283.5 bp −$2,835doesn't fitdoesn't fit
Sell Gate live order book, 34 min ago6.01 bp45.4 bp −$45doesn't fitdoesn't fitdoesn't fit

GMT on 12 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
Kraken Futures PF_GMTUSD−0.1562%1h0.008356+0.007%$46K$11K20xas long as short
KuCoin GMTUSDTM+0.0086%4h0.008350−0.060%$249K$99K50xas long as short
Hyperliquid GMT+0.0100%1h0.008354−0.012%$123K$123K3xas long as short
Aster GMTUSDT+0.0100%4h0.008353−0.026%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008352−0.036%$2.7M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008345−0.120%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008350−0.060%$349K$562K20xas long as short
Gate GMT_USDTshort+0.0100%8h0.008360+0.060%$146K$105K50x
MEXC GMT_USDT+0.0100%4h0.008351−0.048%$421K$183K20xas long as short
Bitget GMTUSDTlong+0.0100%4h0.008355long leg$673K$398K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMT+0.0100%8h0.008351−0.042%$3K$5Kas long as short
BingX GMT-USDT+0.0200%4h0.008349−0.072%$1.2Mas long as short