Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget−0.163%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1971.970% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.163%, 7d avg −0.122%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.041% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4727 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $1.9M | $347K | 10x |
| Short | Gate M_USDT | 1.4703 | 0.0100 | get 0.0100% / 8h | 1h 52m | $2.0M | $884K | 10x |
Bitget MUSDT
Gate M_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
- $0
- Price spread: −0.163% → −0.122%
- −$4.06
- Slippage, 4 orders
- −$169.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$201.02
- Costs to cover
- 1.970%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 8.47 bp | 54.1 bp −$54 | 466.8 bp −$4,668 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 15.32 bp | 49.0 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 MUSDT | +0.0100% | 4h | 1.4713 | −0.095% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDTshort | +0.0100% | 8h | 1.4703 | −0.163% | $2.0M | $884K | 10x | |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4727 | long leg | $1.9M | $347K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4740 | +0.090% | $90K | $42K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4722 | −0.034% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4718 | −0.061% | $2K | $553K | 20x | as long as short |
| Aster MUSDT | +0.0509% | 4h | 1.4721 | −0.039% | $16K | $116K | 5x | as long as short |
| BingX M-USDT | +0.0740% | 4h | 1.4706 | −0.143% | — | $2.4M | — | as long as short |
| KuCoin MUSDTM | +0.0794% | 4h | 1.4623 | −0.703% | $1.4M | $4.4M | 10x | as long as short |
| BloFin M-USDT | +0.0819% | 4h | 1.4740 | +0.088% | $349K | $408K | 10x | as long as short |
Bybit MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
KuCoin MUSDTM
BloFin M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDT | +0.0824% | 4h | 1.4716 | −0.075% | $246K | $109K | 50x | as long as short |
| Binance MUSDT | +0.0825% | 4h | 1.4706 | −0.143% | $5.5M | $4.5M | 10x | as long as short |
MEXC M_USDT
Binance MUSDT