Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.048%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2372.370% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days+0.261%+$26 · spread now −0.048%, 7d avg +0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.171% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate M_USDT | 1.4506 | 0.0100 | pay 0.0100% / 8h | 4h 57m | $2.0M | $896K | 10x |
| Short | Bitget MUSDT | 1.4499 | 0.0100 | get 0.0050% / 4h | 57m 41s | $1.9M | $253K | 10x |
Gate M_USDT
Bitget MUSDTFunding 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
- $0
- Price spread: −0.048% → +0.123%
- −$17.12
- Slippage, 4 orders
- −$209.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$254.1
- Costs to cover
- 2.370%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 7.88 bp | 78.0 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 14.04 bp | 51.4 bp −$51 | 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 | 1.4483 | −0.159% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDTlong | +0.0100% | 8h | 1.4506 | long leg | $2.0M | $896K | 10x | |
| Bitget MUSDTshort | +0.0100% | 4h | 1.4499 | −0.048% | $1.9M | $253K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4559 | +0.362% | $91K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4526 | +0.138% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4550 | +0.303% | $2K | $754K | 20x | as long as short |
| Aster MUSDT | +0.0716% | 4h | 1.4499 | −0.050% | $16K | $87K | 5x | as long as short |
| MEXC M_USDT | +0.0914% | 4h | 1.4494 | −0.083% | $243K | $104K | 50x | as long as short |
| Binance MUSDT | +0.0914% | 4h | 1.4486 | −0.138% | $5.7M | $3.8M | 10x | as long as short |
| BingX M-USDT | +0.0922% | 4h | 1.4496 | −0.069% | — | $2.4M | — | as long as short |
Bybit MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
MEXC M_USDT
Binance MUSDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0945% | 4h | 1.4529 | +0.159% | $360K | $444K | 10x | as long as short |
| KuCoin MUSDTM | +0.2330% | 4h | 1.4379 | −0.876% | $1.4M | $4.0M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM