Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Gate−0.033%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$931as in the Price arb table
costs, in and out, $10k−$9309.302% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.033%, 7d avg −0.028%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate RED_USDT | 0.1515 | 0.0100 | pay 0.0050% / 4h | 36m 47s | $349K | $151K | 25x |
| Short | Bybit REDUSDT | 0.1515 | 0.0100 | get 0.0050% / 4h | 36m 47s | $2.2M | $1.7M | 25x |
Gate RED_USDT
Bybit REDUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.033% → −0.028%
- −$0.53
- Slippage, 4 orders
- −$904.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$930.75
- Costs to cover
- 9.302%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 min ago; Bybit: live order book, 5 min ago.
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, 38 min ago | 3.31 bp | 507.3 bp −$507 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.29 bp | 57.9 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin RED-USDT | +0.0054% | 4h | 0.1515 | −0.026% | $225K | $5K | 25x | as long as short |
| Aster REDUSDT | +0.0100% | 4h | 0.1515 | −0.002% | $26K | $38K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1514 | −0.066% | $2.4M | $3.8M | 50x | as long as short |
| Bybit REDUSDTshort | +0.0100% | 4h | 0.1515 | −0.033% | $2.2M | $1.7M | 25x | |
| Gate RED_USDTlong | +0.0100% | 4h | 0.1515 | long leg | $349K | $151K | 25x | |
| Bitget REDUSDT | +0.0100% | 4h | 0.1514 | −0.066% | $723K | $293K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1516 | +0.083% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1550 | +2.310% | $1K | $668K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1515 | −0.019% | $30 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0386% | 4h | 0.1514 | −0.066% | $561K | $174K | 20x | as long as short |
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT