Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.069%7-day average +0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$2822.823% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.069%, 7d avg +0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.197% cheaper against Gate than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate OPEN_USDT | 0.1440 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $827K | $199K | 75x |
| Short | Bitget OPENUSDT | 0.1439 | 0.0100 | get 0.0050% / 4h | 5m 31s | $2.2M | $180K | 20x |
Gate OPEN_USDT
Bitget OPENUSDTFunding 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 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: −0.069% → +0.128%
- −$19.73
- Slippage, 4 orders
- −$255.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$302.07
- Costs to cover
- 2.823%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 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, 51 min ago | 3.46 bp | 111.4 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.47 bp | 29.6 bp −$30 | 253.8 bp −$2,538 | doesn't fit | doesn't fit |
OPEN on 9 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 OPENUSDT | +0.0100% | 4h | 0.1438 | −0.110% | $252K | $4K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1439 | −0.069% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDTlong | +0.0100% | 8h | 0.1440 | long leg | $827K | $199K | 75x | |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1442 | +0.125% | $2.4M | $46K | 30x | as long as short |
| Bitget OPENUSDTshort | +0.0100% | 4h | 0.1439 | −0.069% | $2.2M | $180K | 20x | |
| Extended OPEN-USD | +0.0104% | 1h | 0.1438 | −0.128% | $3K | $112K | 5x | as long as short |
| BloFin OPEN-USDT | +0.0111% | 4h | 0.1440 | 0.000% | $672K | $12K | 75x | as long as short |
| Bybit OPENUSDT | +0.0398% | 4h | 0.1440 | 0.000% | $1.5M | $735K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0979% | 1h | 0.1438 | −0.138% | $14K | $55K | 10x | as long as short |
Aster OPENUSDT
Binance OPENUSDT
KuCoin OPENUSDTM
Extended OPEN-USD
BloFin OPEN-USDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD