Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.146%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1911.915% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.146%, 7d avg +0.063%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.083% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate M_USDT | 1.4398 | 0.0100 | pay 0.0100% / 8h | 5h 18m | $1.9M | $912K | 10x |
| Short | Bybit MUSDT | 1.4419 | 0.0100 | get 0.0050% / 4h | 1h 18m | $4.5M | $1.8M | 20x |
Gate M_USDT
Bybit MUSDTFunding 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: +0.146% → +0.063%
- $8.29
- Slippage, 4 orders
- −$165.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$183.17
- Costs to cover
- 1.915%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: 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, 4 min ago | 11.81 bp | 67.6 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.47 bp | 28.8 bp −$29 | 307.2 bp −$3,072 | 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 MUSDTshort | +0.0100% | 4h | 1.4419 | +0.146% | $4.5M | $1.8M | 20x | |
| Gate M_USDTlong | +0.0100% | 8h | 1.4398 | long leg | $1.9M | $912K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.4387 | −0.076% | $1.9M | $248K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4413 | +0.104% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4438 | +0.278% | $2K | $742K | 20x | as long as short |
| Variational Omni M | +0.0104% | 4h | 1.4411 | +0.093% | $90K | $43K | — | as long as short |
| Aster MUSDT | +0.0857% | 4h | 1.4406 | +0.053% | $16K | $93K | 5x | as long as short |
| BingX M-USDT | +0.1066% | 4h | 1.4409 | +0.076% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.1081% | 4h | 1.4434 | +0.250% | $358K | $441K | 10x | as long as short |
| Binance MUSDT | +0.1095% | 4h | 1.4418 | +0.139% | $5.6M | $3.8M | 10x | as long as short |
Bitget MUSDT
Orderly PERP_M_USDC
SunX M-USDT
Variational Omni M
Aster MUSDT
BingX M-USDT
BloFin M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDT | +0.1110% | 4h | 1.4417 | +0.132% | $242K | $107K | 50x | as long as short |
| KuCoin MUSDTM | +0.2656% | 4h | 1.4292 | −0.737% | $1.4M | $4.0M | 10x | as long as short |
MEXC M_USDT
KuCoin MUSDTM