Funding you earn now, next payment 04:00 UTC−0.0607%/8h= −66.5% APRpaid last 24h +0.442%
Price spread now: Gate against Bitget−1.351%7-day average −2.580% · you buy dearer than you sell
Net, funding: paid 7d − costs+$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$6016.010% of the position
Funding, last 7 days+8.221%+$822 on $10k
+Price spread, last 7 days+1.002%+$100 · spread now −1.351%, 7d avg −2.580%
=The price spread pays, funding is against you. Gate is 1.229% dearer against Bitget than usual: you sell high and buy low (spread −1.351% now, against its 7-day average of −2.580%): +$123 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6.7 days. Mind the row above: over the last 7 days funding on this pair paid +8.221%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ONEUSDT | 0.004351 | −0.1024 | get 0.0128% / 1h | 57m 50s | $2.0M | $33.2M | 20x |
| Short | Gate ONE_USDT | 0.004292 | −0.1631 | pay 0.1631% / 8h | 4h 57m | $1.7M | $15.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$127.47
- Price spread: −1.351% → −2.580%
- $122.85
- Slippage, 4 orders
- −$574.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$605.66
- Costs to cover
- 6.010%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 1 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 Bitget live order book, 1 min ago | 3.20 bp | 49.5 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.63 bp | 214.1 bp −$214 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −3.1265% | 1h | 0.005265 | +21.012% | $6.2M | $251.1M | 10x | as long as short |
| Gate ONE_USDTshort | −0.1631% | 8h | 0.004292 | −1.351% | $1.7M | $15.2M | 20x | |
| Aster ONEUSDT | −0.1521% | 1h | 0.004300 | −1.168% | $2.3M | $5.8M | 5x | as long as short |
| Bitget ONEUSDTlong | −0.1024% | 1h | 0.004351 | long leg | $2.0M | $33.2M | 20x | |
| BloFin ONE-USDT | −0.0403% | 1h | 0.004370 | +0.448% | $842K | $2.7M | 50x | as long as short |
| Binance ONEUSDT | −0.0079% | 1h | 0.004313 | −0.870% | $14.9M | $338.6M | 50x | as long as short |
| MEXC ONE_USDT | −0.0072% | 1h | 0.004310 | −0.935% | $11.6M | $15.3M | 20x | as long as short |
| BingX ONE-USDT | −0.0016% | 1h | 0.004331 | −0.462% | — | $6.0M | — | as long as short |
| Variational Omni ONE | +0.0100% | 1h | 0.004406 | +1.268% | $108K | $50K | — | as long as short |
| KuCoin ONEUSDTM | +0.0968% | 1h | 0.004500 | +3.429% | $4.3M | $12.7M | 30x | as long as short |
Bitget ONEUSDT
Gate ONE_USDT
OKX ONE-USDT-SWAP
Aster ONEUSDT
BloFin ONE-USDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT
Variational Omni ONE
KuCoin ONEUSDTM