Funding you earn now, next payment 23:00 UTC−0.0260%/8h= −28.5% APRnext payment −$0.33 per $10,000 · paid last 24h −0.149%
Price spread now: Bybit against Gate+0.003%7-day average +0.901% · you sell dearer than you buy
Net, funding: paid 7d − costs−$978as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$2232.226% of the position
Funding, last 7 days−7.557%−$756 on $10k
+Price spread, last 7 days+1.776%+$178 · spread now +0.003%, 7d avg +0.901%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.898% cheaper against Gate than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of +0.901%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LSK_USDT | 0.3660 | 0.0360 | pay 0.0045% / 1h | 56m 51s | $1.5M | $2.7M | 20x |
| Short | Bybit LSKUSDT | 0.3660 | 0.0100 | get 0.0013% / 1h | 56m 51s | $9.9M | $20.2M | 25x |
Funding 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
- −$54.6
- Price spread: +0.003% → +0.901%
- −$89.81
- Slippage, 4 orders
- −$196.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$367.05
- Costs to cover
- 2.226%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 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, 1 min ago | 5.47 bp | 81.7 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.14 bp | 28.8 bp −$29 | 186.6 bp −$1,866 | doesn't fit | doesn't fit |
LSK on 10 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 LSKUSDT | −0.0591% | 1h | 0.3653 | −0.178% | $62K | $120K | 5x | as long as short |
| Binance LSKUSDT | −0.0265% | 1h | 0.3657 | −0.085% | $15.2M | $95.6M | 50x | as long as short |
| MEXC LSK_USDT | −0.0264% | 1h | 0.3656 | −0.107% | $8.1M | $2.5M | 20x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3655 | −0.131% | $28K | $235K | — | as long as short |
| Bybit LSKUSDTshort | +0.0100% | 1h | 0.3660 | +0.003% | $9.9M | $20.2M | 25x | |
| HTX LSK-USDT | +0.0100% | 1h | 0.3651 | −0.246% | $61K | $306K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3655 | −0.137% | $2.6M | $8.9M | 50x | as long as short |
| Kraken Futures PF_LSKUSD | +0.0237% | 1h | 0.3674 | +0.377% | $113K | $178K | 10x | as long as short |
| Gate LSK_USDTlong | +0.0360% | 1h | 0.3660 | long leg | $1.5M | $2.7M | 20x | |
| BingX LSK-USDT | +0.1358% | 1h | 0.3654 | −0.153% | — | $3.0M | — | as long as short |
Gate LSK_USDT
Bybit LSKUSDT
Aster LSKUSDT
Binance LSKUSDT
MEXC LSK_USDT
Variational Omni LSK
HTX LSK-USDT
Bitget LSKUSDT
Kraken Futures PF_LSKUSD
BingX LSK-USDT