Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.060%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
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%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.053% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008360 | 0.0100 | pay 0.0100% / 8h | 36m 49s | $146K | $105K | 50x |
| Short | Bitget GMTUSDT | 0.008355 | 0.0100 | get 0.0050% / 4h | 36m 49s | $673K | $398K | 50x |
Gate GMT_USDT
Bitget GMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $0
- Price spread: −0.060% → −0.007%
- −$5.32
- Slippage, 4 orders
- −$104.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$136.95
- Costs to cover
- 1.316%
- Break-even
- never at this rate
Slippage from Gate: live order book, 34 min ago; Bitget: live order book, 38 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 Gate live order book, 34 min ago | 6.01 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 38 min ago | 7.82 bp | 24.6 bp −$25 | 228.6 bp −$2,286 | 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 | −0.1562% | 1h | 0.008356 | −0.053% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0086% | 4h | 0.008350 | −0.120% | $249K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008354 | −0.072% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008353 | −0.087% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008352 | −0.096% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008345 | −0.179% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008350 | −0.120% | $349K | $562K | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008360 | long leg | $146K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008348 | −0.144% | $421K | $183K | 20x | as long as short |
| Bitget GMTUSDTshort | +0.0100% | 4h | 0.008355 | −0.060% | $673K | $398K | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008351 | −0.102% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008347 | −0.156% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT