Settings8H · net · $10k
Funding arb · Price arb /

O

all O markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Gate+0.126%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$567as in the Funding arb table
Net, price: spread back to 7d avg − costs−$556as in the Price arb table
costs, in and out, $10k−$5625.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days+0.049%+$5 · spread now +0.126%, 7d avg +0.066%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.060% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate O_USDT0.55630.0100pay 0.0050% / 4h55m 14s$1.5M$526K20x
ShortBitget OUSDT0.55700.0100get 0.0050% / 4h55m 14s$1.6M$317K10x

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

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.126% → +0.066%
$5.96
Slippage, 4 orders
−$535.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$556.21
Costs to cover
5.622%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago12.59 bp201.1 bp −$201doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago8.98 bp30.4 bp −$30399.6 bp −$3,996doesn't fitdoesn't fit

O on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OUSDT+0.0100%4h0.5563−0.006%$20K$51K3xas long as short
Binance OUSDT+0.0100%4h0.5567+0.077%$4.7M$1.9M10xas long as short
OKX O-USDT-SWAP+0.0100%4h0.5568+0.090%$1.5M$1.1M10xas long as short
Gate O_USDTlong+0.0100%4h0.5563long leg$1.5M$526K20x
MEXC O_USDT+0.0100%4h0.5565+0.036%$960K$175K50xas long as short
KuCoin OUSDTM+0.0100%4h0.5571+0.144%$1.3M$706K20xas long as short
Bitget OUSDTshort+0.0100%4h0.5570+0.126%$1.6M$317K10x
BingX O-USDT+0.0100%4h0.5570+0.126%$1.6Mas long as short
Variational Omni O+0.0100%4h0.5569+0.109%$3K$535as long as short
Bybit OUSDT+0.0101%4h0.5571+0.144%$710K$937K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin O-USDT+0.0101%4h0.5572+0.162%$240K$6K20xas long as short