Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.078%
Price spread now: Bybit against Gate+0.162%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,157as in the Price arb table
costs, in and out, $10k−$1,16811.677% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)+0.844%+$84 · spread now +0.162%, 7d avg +0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.111% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate O_USDT | 0.5562 | 0.0100 | pay 0.0050% / 4h | 56m 32s | $1.5M | $525K | 20x |
| Short | Bybit OUSDT | 0.5571 | 0.0101 | get 0.0050% / 4h | 56m 32s | $710K | $937K | 20x |
Gate O_USDT
Bybit OUSDTFunding 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
- $0.2
- Price spread: +0.162% → +0.051%
- $11.06
- Slippage, 4 orders
- −$1,141.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,156.49
- Costs to cover
- 11.677%
- Break-even
- 40162.8 days
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 64 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, 1 min ago | 12.59 bp | 201.1 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 64 min ago | 8.11 bp | 316.8 bp −$317 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OUSDT | +0.0100% | 4h | 0.5563 | +0.010% | $20K | $51K | 3x | as long as short |
| Binance OUSDT | +0.0100% | 4h | 0.5567 | +0.090% | $4.7M | $1.9M | 10x | as long as short |
| OKX O-USDT-SWAP | +0.0100% | 4h | 0.5566 | +0.072% | $1.5M | $1.1M | 10x | as long as short |
| Gate O_USDTlong | +0.0100% | 4h | 0.5562 | long leg | $1.5M | $525K | 20x | |
| MEXC O_USDT | +0.0100% | 4h | 0.5566 | +0.072% | $960K | $175K | 50x | as long as short |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5571 | +0.162% | $1.3M | $707K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5568 | +0.108% | $1.6M | $317K | 10x | as long as short |
| BingX O-USDT | +0.0100% | 4h | 0.5570 | +0.144% | — | $1.6M | — | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5569 | +0.132% | $3K | $535 | — | as long as short |
| Bybit OUSDTshort | +0.0101% | 4h | 0.5571 | +0.162% | $710K | $937K | 20x |
Aster OUSDT
Binance OUSDT
OKX O-USDT-SWAP
MEXC O_USDT
KuCoin OUSDTM
Bitget OUSDT
BingX O-USDT
Variational Omni OShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.0142% | 4h | 0.5571 | +0.162% | $240K | $6K | 20x | as long as short |
BloFin O-USDT