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

ORDER

all ORDER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit+0.074%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.074% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORDERUSDT0.040270.0100pay 0.0100% / 8h7h 05m$1.3M$703K20x
ShortGate ORDER_USDT0.040300.0100get 0.0050% / 4h3h 05m$76K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.074% → 0.000%
$7.45
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$18.55
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago2.48 bp62.3 bp −$62614.8 bp −$6,148doesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDER 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
Binance ORDERUSDT+0.0100%4h0.04037+0.253%$1.4M$1.7M50xas long as short
Bybit ORDERUSDTlong+0.0100%8h0.04027long leg$1.3M$703K20x
OKX ORDER-USDT-SWAP+0.0100%4h0.04037+0.248%$171K$215K20xas long as short
Gate ORDER_USDTshort+0.0100%4h0.04030+0.074%$76K$26K20x
MEXC ORDER_USDT+0.0100%4h0.04032+0.124%$270K$103K20xas long as short
Bitget ORDERUSDT+0.0100%4h0.04026−0.025%$492K$187K20xas long as short
BingX ORDER-USDT+0.0100%4h0.04032+0.124%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04030+0.070%$10K$2Kas long as short
BloFin ORDER-USDT+0.0106%8h0.04024−0.074%$63K$6K16xas long as short
Orderly PERP_ORDER_USDC+0.0797%4h0.04035+0.199%$188K$288K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDERUSDTM+0.1230%4h0.04043+0.397%$251K$53K30xas long as short