Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Bybit+0.047%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1811.811% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.047%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.216%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GMTUSDT | 0.008566 | −0.0243 | get 0.0243% / 8h | 5h 44m | $1.1M | $1.9M | 50x |
| Short | Gate GMT_USDT | 0.008570 | −0.0072 | pay 0.0072% / 8h | 5h 44m | $151K | $175K | 50x |
Bybit GMTUSDT
Gate GMT_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
- $35.82
- Price spread: +0.047% → +0.043%
- $0.34
- Slippage, 4 orders
- −$155.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$144.94
- Costs to cover
- 1.811%
- Break-even
- 35.3 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 11 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, 2 min ago | 4.68 bp | 35.4 bp −$35 | 299.1 bp −$2,991 | doesn't fit | doesn't fit |
| Sell Gate live order book, 11 min ago | 11.67 bp | 41.7 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1560% | 1h | 0.008578 | +0.140% | $45K | $13K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0464% | 4h | 0.008560 | −0.070% | $280K | $192K | 50x | as long as short |
| Bybit GMTUSDTlong | −0.0243% | 8h | 0.008566 | long leg | $1.1M | $1.9M | 50x | |
| OKX GMT-USDT-SWAP | −0.0233% | 4h | 0.008555 | −0.128% | $394K | $1.1M | 20x | as long as short |
| Gate GMT_USDTshort | −0.0072% | 8h | 0.008570 | +0.047% | $151K | $175K | 50x | |
| Aster GMTUSDT | +0.0067% | 4h | 0.008566 | +0.004% | $8K | $21K | 10x | as long as short |
| Variational Omni GMT | +0.0092% | 8h | 0.008537 | −0.338% | $3K | $5K | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008569 | +0.035% | $116K | $147K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008563 | −0.035% | $2.9M | $5.0M | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008569 | +0.035% | $444K | $210K | 20x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Aster GMTUSDT
Variational Omni GMT
Hyperliquid GMT
Binance GMTUSDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008568 | +0.023% | $678K | $614K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008562 | −0.047% | — | $1.2M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT