MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0672%/8h= −73.6% APRnext payment −$3.36 per $10,000 · paid last 24h −0.158%

Price spread now: Bitget against Gate+0.182%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$1071.069% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.387%−$39 on $10k

Price spread, last 7 days−0.110%−$11 · spread now +0.182%, 7d avg −0.076%

Together, before fees−0.497%−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.258% dearer against Gate than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of −0.076%): +$26 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.387% in total) that is about 4.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.387% in total (about -20.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MUBARAK_USDT	0.04397	0.0772	pay 0.0386% / 4h	3h 46m	$7.0M	$5.4M	50x
Short	Bitget MUBARAKUSDT	0.04405	0.0100	get 0.0050% / 4h	3h 46m	$2.7M	$7.2M	25x

Funding 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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now +0.182%Rate

Funding earned: −$141.12
Price spread: +0.182% → −0.076%: $25.79
Slippage, 4 orders: −$79.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$222.21
Costs to cover: 1.069%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Bitget: 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, 2 min ago	7.97 bp	29.9 bp −$30	529.5 bp −$5,295	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	6.84 bp	23.4 bp −$23	80.3 bp −$803	doesn't fit	doesn't fit

MUBARAK on 11 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
Binance MUBARAKUSDT	+0.0100%	4h	0.04407	+0.224%	$16.0M	$87.0M	25x	as long as short
Bybit MUBARAKUSDT	+0.0100%	4h	0.04403	+0.143%	$3.4M	$10.7M	25x	as long as short
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04405	+0.186%	$2.6M	$53.7M	20x	as long as short
MEXC MUBARAK_USDT	+0.0100%	4h	0.04402	+0.114%	$868K	$1.5M	50x	as long as short
Bitget MUBARAKUSDTshort	+0.0100%	4h	0.04405	+0.182%	$2.7M	$7.2M	25x
Variational Omni MUBARAK	+0.0100%	4h	0.04395	−0.037%	$13K	$51K	—	as long as short
BingX MUBARAK-USDT	+0.0102%	4h	0.04400	+0.068%	—	$3.1M	—	as long as short
Aster MUBARAKUSDT	+0.0211%	4h	0.04402	+0.116%	$18K	$396K	5x	as long as short
Gate MUBARAK_USDTlong	+0.0772%	4h	0.04397	long leg	$7.0M	$5.4M	50x
KuCoin MUBARAKUSDTM	+0.1284%	4h	0.04402	+0.114%	$1.6M	$1.0M	30x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.1802%	1h	0.04398	+0.030%	$65K	$417K	10x	as long as short