Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.077%
Price spread now: Bybit against Gate−0.053%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1591.595% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.053%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.063% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ID_USDT | 0.03790 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $253K | $229K | 25x |
| Short | Bybit IDUSDT | 0.03788 | 0.0100 | get 0.0100% / 8h | 3h 08m | $1.5M | $1.1M | 25x |
Gate ID_USDT
Bybit IDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.053% → +0.011%
- −$6.34
- Slippage, 4 orders
- −$133.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$165.82
- Costs to cover
- 1.595%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 min ago; Bybit: live order book, 2 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, 38 min ago | 5.20 bp | 55.4 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.96 bp | 24.7 bp −$25 | 332.8 bp −$3,328 | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03794 | +0.103% | $9K | $1K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03788 | −0.053% | $2.4M | $3.8M | 50x | as long as short |
| Bybit IDUSDTshort | +0.0100% | 8h | 0.03788 | −0.053% | $1.5M | $1.1M | 25x | |
| Gate ID_USDTlong | +0.0100% | 4h | 0.03790 | long leg | $253K | $229K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03791 | +0.026% | $393K | $214K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03791 | +0.026% | $1.1M | $63K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03786 | −0.106% | $805K | $641K | 50x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03795 | +0.127% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0105% | 4h | 0.03787 | −0.079% | $158K | $13K | 50x | as long as short |
| BingX ID-USDT | +0.0200% | 4h | 0.03786 | −0.106% | — | $2.3M | — | as long as short |
Aster IDUSDT
Binance IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
Variational Omni ID
BloFin ID-USDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0890% | 1h | 0.03783 | −0.183% | $4K | $5K | 10x | as long as short |
Kraken Futures PF_IDUSD