Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,152.3 | 0 | 0.0000% / 8h | 7h 23m | $17.0M | $4.2M | 100x | Long Gate | |
| SHORT | 4,146.5 | −0.0053 | pay 0.0007% / 1h | 23m 17s | $874K | $2.2M | 20x | Short Bulk |
Price gap−0.139%
Funding gap−0.0053% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.045% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12−0.0053% /8h now · paid +0.115% over the last 7D
Price−$5spread −0.139% now, avg −0.094% → −0.045% if it goes back
Costs−$300.301% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.139%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPAXG on 29 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books10.1 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $500Gate 100x, Bulk 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.58Long Gate: 3 payments, $0.00; short Bulk: 24 payments, −$1.58.
- Watch: Gap narrower than usual−0.139% vs −0.094%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$874K vs $17.0M OIBulk sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Bulk NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0059%/8h × 21 periods+$12.35
Price spread−0.139% → −0.094% (7d avg)−$4.51
Slippage, 4 orderslive order books−$8.05
Fee Gate bp × 2 orders−$15.00
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k−$22.21
Costs to cover0.301%Break-even19.6 days
Slippage: Gate: live order book, 2 min ago; Bulk: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate0.9610.1 bp−$1014.9 bp−$14923.0 bp−$2,30157.7 bp−$28.9K
SELL · SHORTBulk0.334.5 bp−$46.3 bp−$63doesn’t fitdoesn’t fit
Closing costs about the same again.
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