Funding arb · Price arb /

POWR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against Gate+0.253%7-day average +0.025% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)−0.308%−$31 · spread now +0.253%, 7d avg +0.025%

Together, before fees−0.188%−$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: Bitget is 0.227% dearer against Gate than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate POWR_USDT	0.06335	0.0100	pay 0.0050% / 4h	1h 59m	$106K	$25K	10x
Short	Bitget POWRUSDT	0.06351	0.0100	get 0.0050% / 4h	1h 59m	$368K	$197K	50x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now +0.253%Rate

Funding earned: $0
Price spread: +0.253% → +0.025%: $22.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.26
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 46 min ago; Bitget: live order book, 47 min ago. Net counts fees only.

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, 46 min ago	13.41 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 47 min ago	9.46 bp	50.3 bp −$50	244.9 bp −$2,449	doesn't fit	doesn't fit

POWR on 10 exchanges

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 POWRUSDT	+0.0100%	4h	0.06349	+0.213%	$13K	$44K	5x	as long as short
Binance POWRUSDT	+0.0100%	4h	0.06349	+0.213%	$1.4M	$2.1M	50x	as long as short
Gate POWR_USDTlong	+0.0100%	4h	0.06335	long leg	$106K	$25K	10x
MEXC POWR_USDT	+0.0100%	4h	0.06350	+0.237%	$1.1M	$109K	50x	as long as short
KuCoin POWRUSDTM	+0.0100%	4h	0.06377	+0.663%	$637K	$99K	30x	as long as short
Bitget POWRUSDTshort	+0.0100%	4h	0.06351	+0.253%	$368K	$197K	50x
Variational Omni POWR	+0.0126%	4h	0.06343	+0.126%	$509	$2K	—	as long as short
Kraken Futures PF_POWRUSD	+0.0286%	1h	0.06364	+0.456%	$16K	$11K	10x	as long as short
Bybit POWRUSDT	+0.0293%	4h	0.06344	+0.142%	$906K	$514K	13x	as long as short
BingX POWR-USDT	+0.0486%	4h	0.06351	+0.253%	—	$1.3M	—	as long as short