Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.200%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$623as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$6206.202% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.200%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.149% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate JNJ_USDT | 270.20 | 0 | get 0.0000% / 8h | 1h 50m | $221K | $7K | 20x |
| Short | Bybit JNJUSDT | 270.74 | 0 | get 0.0000% / 8h | 1h 50m | $146K | $99K | 25x |
Gate JNJ_USDT
Bybit JNJUSDTFunding 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: +0.200% → +0.051%
- $14.89
- Slippage, 4 orders
- −$594.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$605.27
- Costs to cover
- 6.202%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; Bybit: live order book, 23 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, 25 min ago | 29.58 bp | 212.4 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 5.72 bp | 107.3 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
JNJ on 4 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 JNJUSDTshort | 0.0000% | 8h | 270.74 | +0.200% | $146K | $99K | 25x | |
| OKX JNJ-USDT-SWAP | 0.0000% | 8h | 270.39 | +0.070% | $114K | $55K | 10x | as long as short |
| Gate JNJ_USDTlong | 0.0000% | 8h | 270.20 | long leg | $221K | $7K | 20x | |
| HTX JNJ-USDT | +0.0100% | 8h | 271.23 | +0.381% | $2K | $371K | 10x | as long as short |
OKX JNJ-USDT-SWAP
HTX JNJ-USDT