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

POWER

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.336%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$647as in the Funding arb table
Net, price: spread back to 7d avg − costs−$662as in the Price arb table
costs, in and out, $10k−$6466.463% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.336%, 7d avg −0.176%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.160% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.176%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate POWER_USDT0.12200.0100pay 0.0100% / 8h6h 11m$229K$123K20x
ShortBybit POWERUSDT0.12160.0100get 0.0050% / 4h2h 11m$2.0M$1.6M20x

Funding 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 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: −0.336% → −0.176%
−$15.98
Slippage, 4 orders
−$620.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$662.24
Costs to cover
6.463%
Break-even
never at this rate
Slippage from Gate: live order book, 50 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 50 min ago5.67 bp133.6 bp −$13441660.9 bp −$416.6Kdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.70 bp129.7 bp −$130doesn't fitdoesn't fitdoesn't fit

POWER on 9 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 POWERUSDT+0.0100%4h0.1217−0.301%$3.6M$5.6M20xas long as short
Bybit POWERUSDTshort+0.0100%4h0.1216−0.336%$2.0M$1.6M20x
Gate POWER_USDTlong+0.0100%8h0.1220long leg$229K$123K20x
MEXC POWER_USDT+0.0100%4h0.1216−0.311%$14.0M$443K20xas long as short
KuCoin POWERUSDTM+0.0100%4h0.1216−0.393%$2.4M$14.6M20xas long as short
Bitget POWERUSDT+0.0100%4h0.1215−0.426%$3.3M$486K20xas long as short
BingX POWER-USDT+0.0100%4h0.1216−0.344%$1.4Mas long as short
Variational Omni POWER+0.0100%4h0.1214−0.547%$18K$3Kas long as short
Aster POWERUSDT+0.0121%4h0.1218−0.215%$24K$28K5xas long as short