Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.173%
Price spread now: Gate against Bybit−0.067%7-day average −0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.067%, 7d avg −0.074%
=The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QUSDT | 0.02526 | 0.0336 | pay 0.0168% / 4h | 2h 18m | $1.5M | $354K | 13x |
| Short | Gate Q_USDT | 0.02524 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.2M | $291K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$49.64
- Price spread: −0.067% → −0.074%
- $0.66
- 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
- −$74.98
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Gate: live order book, 4 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 Bybit live order book, 2 min ago | 3.96 bp | 60.6 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 12.28 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Q on 10 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDTshort | +0.0100% | 4h | 0.02524 | −0.067% | $1.2M | $291K | 10x | |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02523 | −0.107% | $668K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02528 | +0.083% | $2.2M | $124K | 20x | as long as short |
| Bybit QUSDTlong | +0.0336% | 4h | 0.02526 | long leg | $1.5M | $354K | 13x | |
| Variational Omni Q | +0.0432% | 4h | 0.02527 | +0.037% | $610 | $2K | — | as long as short |
| Aster QUSDT | +0.0880% | 4h | 0.02525 | −0.037% | $58K | $52K | 5x | as long as short |
| BingX Q-USDT | +0.0928% | 4h | 0.02523 | −0.103% | — | $1.3M | — | as long as short |
| MEXC Q_USDT | +0.0942% | 4h | 0.02528 | +0.087% | $122K | $87K | 50x | as long as short |
| Binance QUSDT | +0.0943% | 4h | 0.02528 | +0.083% | $7.0M | $1.4M | 20x | as long as short |
| Extended Q-USD | +0.0944% | 1h | 0.02527 | +0.063% | $10K | $160K | 5x | as long as short |
Bybit QUSDT
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Variational Omni Q
Aster QUSDT
BingX Q-USDT
MEXC Q_USDT
Binance QUSDT
Extended Q-USD