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

ID

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%
Price spread now: Gate against Bybit+0.053%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.053%, 7d avg −0.010%
Together, before fees−0.035%−$3 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 0.063% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IDUSDT0.037520.0100pay 0.0100% / 8h11m 34s$1.4M$1.1M25x
ShortGate ID_USDT0.037540.0100get 0.0050% / 4h11m 34s$248K$241K25x

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: +0.053% → −0.010%
$6.33
Slippage, 4 orders
−$93.64
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$113.31
Costs to cover
1.196%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 60 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 ago4.00 bp22.5 bp −$23515.2 bp −$5,152doesn't fitdoesn't fit
Sell Gate live order book, 60 min ago6.68 bp34.4 bp −$34doesn't fitdoesn't fitdoesn't fit

ID 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
Aster IDUSDT+0.0100%4h0.03752+0.011%$9K$1355xas long as short
Binance IDUSDT+0.0100%4h0.037520.000%$2.4M$3.5M50xas long as short
Bybit IDUSDTlong+0.0100%8h0.03752long leg$1.4M$1.1M25x
Gate ID_USDTshort+0.0100%4h0.03754+0.053%$248K$241K25x
MEXC ID_USDT+0.0100%4h0.037520.000%$419K$160K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03755+0.080%$1.1M$64K30xas long as short
Bitget IDUSDT+0.0100%4h0.037520.000%$792K$591K50xas long as short
BingX ID-USDT+0.0100%4h0.03751−0.027%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03751−0.014%$12K$20Kas long as short
BloFin ID-USDT+0.0140%4h0.03749−0.080%$161K$12K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0440%1h0.03753+0.027%$4K$2K10xas long as short