Funding arb · Price arb /

H

all H markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate−0.145%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$589as in the Funding arb table

Net, price: spread back to 7d avg − costs−$598as in the Price arb table

costs, in and out, $10k−$5895.886% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.145%+$14 · spread now −0.145%, 7d avg −0.052%

Together, before fees+0.145%+$14 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: Bitget is 0.093% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate H_USDT	0.06900	0.0100	pay 0.0050% / 4h	1h 41m	$2.8M	$1.9M	10x
Short	Bitget HUSDT	0.06890	0.0100	get 0.0050% / 4h	1h 41m	$1.7M	$456K	4x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now −0.145%Rate

Funding earned: $0
Price spread: −0.145% → −0.052%: −$9.34
Slippage, 4 orders: −$561.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$597.98
Costs to cover: 5.886%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bitget: 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 Gate live order book, 2 min ago	5.08 bp	114.3 bp −$114	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	2.18 bp	144.0 bp −$144	628.9 bp −$6,289	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.420%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06905	+0.073%	$114K	$52K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06902	+0.029%	$14.8M	$10.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06894	−0.084%	$7.5M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06903	+0.043%	$1.7M	$5.8M	10x	as long as short
Gate H_USDTlong	+0.0100%	4h	0.06900	long leg	$2.8M	$1.9M	10x
MEXC H_USDT	+0.0100%	4h	0.06902	+0.029%	$6.2M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06900	0.000%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDTshort	+0.0100%	4h	0.06890	−0.145%	$1.7M	$456K	4x
BingX H-USDT	+0.0100%	4h	0.06911	+0.159%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06887	−0.191%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06898	−0.031%	$1.1M	$466K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06898	−0.034%	$11K	$107K	5x	as long as short
BloFin H-USDT	+0.0114%	4h	0.06901	+0.014%	$580K	$116K	25x	as long as short