Funding you earn now, next payment 08:00 UTC+0.0578%/8h= +63.3% APRnext payment +$2.89 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against Bybit+0.182%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$526as in the Price arb table
costs, in and out, $10k−$5455.445% of the position
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.182%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Gate is 0.181% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INUSDT | 0.03840 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $984K | $969K | 20x |
| Short | Gate IN_USDT | 0.03847 | 0.0678 | get 0.0339% / 4h | 3h 32m | $279K | $399K | 50x |
Bybit INUSDT
Gate IN_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $121.38
- Price spread: +0.182% → +0.001%
- $18.12
- Slippage, 4 orders
- −$518.52
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$405.02
- Costs to cover
- 5.445%
- Break-even
- 30.4 days
Slippage from Bybit: live order book, 18 min ago; Gate: live order book, 14 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 Bybit live order book, 18 min ago | 9.18 bp | 114.0 bp −$114 | 1001.4 bp −$10.0K | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 6.50 bp | 163.4 bp −$163 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INUSDT | +0.0100% | 4h | 0.03840 | 0.000% | $138K | $19K | 5x | as long as short |
| Bybit INUSDTlong | +0.0100% | 4h | 0.03840 | long leg | $984K | $969K | 20x | |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03847 | +0.182% | $340K | $138K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03855 | +0.391% | $983K | $882K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03837 | −0.083% | $3K | $1K | — | as long as short |
| MEXC IN_USDT | +0.0316% | 4h | 0.03845 | +0.130% | $350K | $130K | 20x | as long as short |
| Binance INUSDT | +0.0317% | 4h | 0.03846 | +0.156% | $2.4M | $5.8M | 25x | as long as short |
| BingX IN-USDT | +0.0356% | 4h | 0.03841 | +0.026% | — | $2.3M | — | as long as short |
| Gate IN_USDTshort | +0.0678% | 4h | 0.03847 | +0.182% | $279K | $399K | 50x |
Aster INUSDT
KuCoin INUSDTM
Bitget INUSDT
Variational Omni IN
MEXC IN_USDT
Binance INUSDT
BingX IN-USDT