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

PROS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Bitget+0.087%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$5055.047% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.087%, 7d avg +0.008%
Together, before fees−0.137%−$14 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: Gate is 0.079% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PROSUSDT0.57540.0100pay 0.0050% / 4h57m 05s$1.2M$454K20x
ShortGate PROS_USDT0.57590.0100get 0.0050% / 4h57m 05s$362K$139K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: +0.087% → +0.008%
$7.86
Slippage, 4 orders
−$477.73
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$496.86
Costs to cover
5.047%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 63 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 Bitget live order book, 4 min ago10.40 bp43.8 bp −$44325.1 bp −$3,251doesn't fitdoesn't fit
Sell Gate live order book, 63 min ago13.15 bp256.1 bp −$256doesn't fitdoesn't fitdoesn't fit

PROS on 5 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
KuCoin PROSUSDTM−0.0328%4h0.5755+0.017%$1.0M$600K20xas long as short
OKX PROS-USDT-SWAP+0.0100%4h0.5749−0.087%$886K$1.5M20xas long as short
Gate PROS_USDTshort+0.0100%4h0.5759+0.087%$362K$139K20x
Bitget PROSUSDTlong+0.0100%4h0.5754long leg$1.2M$454K20x
Aster PROSUSDT+0.0795%4h0.5765+0.191%$30K$15K5xas long as short