Funding you earn now, next payment 04:00 UTC−0.1074%/8h= −117.6% APRnext payment −$5.37 per $10,000 · paid last 24h −0.093%
Price spread now: Bitget against Gate+0.221%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days+1.351%+$135 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.221%, 7d avg +0.085%
=The price spread pays, funding is against you. Bitget is 0.136% dearer against Gate than usual: you sell high and buy low (spread +0.221% now, against its 7-day average of +0.085%): +$14 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +1.351%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOST_USDT | 0.0009050 | −0.1076 | get 0.0538% / 4h | 1h 45m | $756K | $471K | 25x |
| Short | Bitget IOSTUSDT | 0.0009070 | −0.2150 | pay 0.1075% / 4h | 1h 45m | $660K | $2.2M | 25x |
Gate IOST_USDT
Bitget IOSTUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$225.54
- Price spread: +0.221% → +0.085%
- $13.56
- Slippage, 4 orders
- −$168.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$407.63
- Costs to cover
- 1.956%
- Break-even
- never at this rate
Slippage from Gate: live order book, 16 min ago; Bitget: 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, 16 min ago | 5.54 bp | 77.7 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.78 bp | 22.6 bp −$23 | 92.6 bp −$926 | doesn't fit | doesn't fit |
IOST 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 IOSTUSDT | −0.3284% | 8h | 0.0009060 | +0.110% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAP | −0.2407% | 4h | 0.0009061 | +0.122% | $1.6M | $4.1M | 10x | as long as short |
| Binance IOSTUSDT | −0.2225% | 4h | 0.0009065 | +0.166% | $5.8M | $16.0M | 50x | as long as short |
| MEXC IOST_USDT | −0.2220% | 4h | 0.0009064 | +0.155% | $2.0M | $443K | 50x | as long as short |
| BloFin IOST-USDT | −0.2187% | 4h | 0.0009064 | +0.155% | — | $2.0M | 50x | as long as short |
| Bitget IOSTUSDTshort | −0.2150% | 4h | 0.0009070 | +0.221% | $660K | $2.2M | 25x | |
| Variational Omni IOST | −0.1544% | 8h | 0.0009006 | −0.482% | $10K | $6K | — | as long as short |
| Gate IOST_USDTlong | −0.1076% | 4h | 0.0009050 | long leg | $756K | $471K | 25x | |
| BingX IOST-USDT | −0.0772% | 4h | 0.0009058 | +0.088% | — | $2.5M | — | as long as short |
Bybit IOSTUSDT
OKX IOST-USDT-SWAP
Binance IOSTUSDT
MEXC IOST_USDT
BloFin IOST-USDT
Variational Omni IOST
BingX IOST-USDT