Funding you earn now, next payment 04:00 UTC+0.0520%/8h= +56.9% APRnext payment +$2.60 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against Bitget−0.308%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$814as in the Funding arb table
Net, price: spread back to 7d avg − costs−$878as in the Price arb table
costs, in and out, $10k−$8558.547% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.308%, 7d avg −0.079%
=Funding pays, the price is against you. Gate is 0.229% cheaper against Bitget than usual: you would sell low and buy high (spread −0.308% now, against its 7-day average of −0.079%). If the spread goes back, that is −$23 on $10k: about 35 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.403% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INUSDT | 0.03567 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $835K | $167K | 25x |
| Short | Gate IN_USDT | 0.03556 | 0.0620 | get 0.0310% / 4h | 2h 12m | $234K | $137K | 50x |
Bitget INUSDT
Gate IN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $109.2
- Price spread: −0.308% → −0.079%
- −$22.94
- Slippage, 4 orders
- −$827.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$768.41
- Costs to cover
- 8.547%
- Break-even
- 56.3 days
Slippage from Bitget: live order book, 53 min ago; Gate: live order book, 49 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 Bitget live order book, 53 min ago | 5.67 bp | 54.2 bp −$54 | 603.2 bp −$6,032 | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 7.14 bp | 422.8 bp −$423 | doesn't fit | doesn't fit | doesn't fit |
IN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INUSDT | +0.0100% | 4h | 0.03559 | −0.224% | $758K | $167K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03566 | −0.028% | $297K | $66K | 30x | as long as short |
| Bitget INUSDTlong | +0.0100% | 4h | 0.03567 | long leg | $835K | $167K | 25x | |
| Variational Omni IN | +0.0100% | 4h | 0.03552 | −0.411% | $1K | $6 | — | as long as short |
| Aster INUSDT | +0.0374% | 4h | 0.03554 | −0.363% | $128K | $21K | 5x | as long as short |
| BingX IN-USDT | +0.0386% | 4h | 0.03559 | −0.224% | — | $2.3M | — | as long as short |
| MEXC IN_USDT | +0.0404% | 4h | 0.03560 | −0.196% | $275K | $93K | 20x | as long as short |
| Binance INUSDT | +0.0406% | 4h | 0.03560 | −0.196% | $2.0M | $1.3M | 25x | as long as short |
| Gate IN_USDTshort | +0.0620% | 4h | 0.03556 | −0.308% | $234K | $137K | 50x |
Bybit INUSDT
KuCoin INUSDTM
Variational Omni IN
Aster INUSDT
BingX IN-USDT
MEXC IN_USDT
Binance INUSDT