Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit−0.103%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1691.692% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.211%+$21 · spread now −0.103%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUSDT | 1.4539 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $4.6M | $2.4M | 20x |
| Short | Gate M_USDT | 1.4524 | 0.0100 | get 0.0100% / 8h | 7h 44m | $2.0M | $865K | 10x |
Bybit MUSDT
Gate M_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
- $0
- Price spread: −0.103% → −0.060%
- −$4.28
- Slippage, 4 orders
- −$143.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$173.43
- Costs to cover
- 1.692%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 1.03 bp | 28.2 bp −$28 | 328.5 bp −$3,285 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 7.91 bp | 48.3 bp −$48 | 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 MUSDTlong | +0.0100% | 4h | 1.4539 | long leg | $4.6M | $2.4M | 20x | |
| Gate M_USDTshort | +0.0100% | 8h | 1.4524 | −0.103% | $2.0M | $865K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4587 | +0.332% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4586 | +0.323% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4607 | +0.468% | $1K | $653K | 20x | as long as short |
| Bitget MUSDT | +0.0362% | 4h | 1.4550 | +0.076% | $1.9M | $353K | 10x | as long as short |
| Aster MUSDT | +0.1210% | 4h | 1.4554 | +0.102% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1540% | 4h | 1.4545 | +0.041% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1620% | 4h | 1.4556 | +0.117% | $244K | $111K | 50x | as long as short |
| Binance MUSDT | +0.1628% | 4h | 1.4542 | +0.021% | $5.6M | $4.9M | 10x | as long as short |
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1644% | 4h | 1.4593 | +0.371% | $355K | $437K | 10x | as long as short |
| KuCoin MUSDTM | +0.2586% | 4h | 1.4430 | −0.750% | $1.4M | $4.2M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM