Funding you earn now, next payment 04:00 UTC−0.0310%/8h= −34.0% APRnext payment −$1.55 per $10,000 · paid last 24h +0.347%
Price spread now: Gate against Bybit−1.025%7-day average −0.734% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,450as in the Price arb table
costs, in and out, $10k−$1,42114.211% of the position
Funding, last 7 days+0.853%+$85 on $10k
+Price spread, last 4 days (all we have)+0.268%+$27 · spread now −1.025%, 7d avg −0.734%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.291% cheaper against Bybit than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.734%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.853%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SIRENUSDT | 0.02439 | 0.1950 | pay 0.0975% / 4h | 3m 05s | $1.9M | $2.6M | 5x |
| Short | Gate SIREN_USDT | 0.02414 | 0.1640 | get 0.0820% / 4h | 3m 05s | $570K | $207K | 10x |
Bybit SIRENUSDT
Gate SIREN_USDTFunding 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
- −$65.18
- Price spread: −1.025% → −0.734%
- −$29.06
- Slippage, 4 orders
- −$1,395.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,515.3
- Costs to cover
- 14.211%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 53 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 Bybit live order book, 4 min ago | 6.16 bp | 35.6 bp −$36 | 188.8 bp −$1,888 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 8.31 bp | 100.4 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
SIREN 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02421 | −0.738% | $2K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDT | +0.0906% | 4h | 0.02435 | −0.164% | $2.8M | $1.4M | 10x | as long as short |
| Binance SIRENUSDT | +0.1197% | 4h | 0.02418 | −0.861% | $8.4M | $3.4M | 10x | as long as short |
| Aster SIRENUSDT | +0.1206% | 4h | 0.02418 | −0.877% | $213K | $81K | 5x | as long as short |
| MEXC SIREN_USDT | +0.1216% | 4h | 0.02418 | −0.861% | $690K | $131K | 100x | as long as short |
| BingX SIREN-USDT | +0.1294% | 4h | 0.02427 | −0.492% | — | $2.3M | — | as long as short |
| KuCoin SIRENUSDTM | +0.1446% | 4h | 0.02419 | −0.820% | $996K | $418K | 10x | as long as short |
| Gate SIREN_USDTshort | +0.1640% | 4h | 0.02414 | −1.025% | $570K | $207K | 10x | |
| Bybit SIRENUSDTlong | +0.1950% | 4h | 0.02439 | long leg | $1.9M | $2.6M | 5x |
SunX SIREN-USDT
Bitget SIRENUSDT
Binance SIRENUSDT
Aster SIRENUSDT
MEXC SIREN_USDT
BingX SIREN-USDT
KuCoin SIRENUSDTM