Funding you earn now, next payment 04:00 UTC+0.0480%/8h= +52.6% APRpaid last 24h +0.016%
Price spread now: Gate against Bitget−0.502%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Gate is 0.502% cheaper against Bitget than usual: you would sell low and buy high (spread −0.502% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 3.5 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.009% in total) that is about 14 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RPLUSDT | 1.9930 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $425K | $167K | 50x |
| Short | Gate RPL_USDT | 1.9830 | 0.0580 | get 0.0580% / 8h | 5h 20m | $64K | $26K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $100.8
- Price spread: −0.502% → 0.000%
- −$50.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $23.62
- Costs to cover
- 0.270%
- Break-even
- 5.4 days
Slippage unknown: Bitget: live order book, 35 min ago; Gate: no order-book sample. 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 Bitget live order book, 35 min ago | 2.53 bp | 50.9 bp −$51 | 312.2 bp −$3,122 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RPL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective RPL/USDC PERP | +0.0033% | 1h | 1.9480 | −2.258% | $201 | $472 | 5.5x | as long as short |
| Aster RPLUSDT | +0.0100% | 4h | 1.9893 | −0.187% | $100K | $33K | 5x | as long as short |
| Binance RPLUSDT | +0.0100% | 4h | 1.9910 | −0.100% | $1.2M | $1.5M | 50x | as long as short |
| Bybit RPLUSDT | +0.0100% | 4h | 1.9950 | +0.100% | $389K | $242K | 20x | as long as short |
| MEXC RPL_USDT | +0.0100% | 4h | 1.9910 | −0.100% | $312K | $172K | 20x | as long as short |
| Bitget RPLUSDTlong | +0.0100% | 4h | 1.9930 | long leg | $425K | $167K | 50x | |
| BingX RPL-USDT | +0.0100% | 4h | 1.9940 | +0.050% | — | $1.3M | — | as long as short |
| Variational Omni RPL | +0.0100% | 4h | 1.9961 | +0.157% | $15K | $2K | — | as long as short |
| Gate RPL_USDTshort | +0.0580% | 8h | 1.9830 | −0.502% | $64K | $26K | 20x |
Bitget RPLUSDT
Gate RPL_USDT
Injective RPL/USDC PERP
Aster RPLUSDT
Binance RPLUSDT
Bybit RPLUSDT
MEXC RPL_USDT
BingX RPL-USDT
Variational Omni RPL