Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.076%
Price spread now: Gate against Bitget+0.111%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$458as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4494.492% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.111%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.075% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SONICUSDT | 0.02703 | 0.0100 | pay 0.0050% / 4h | 43m 19s | $441K | $581K | 10x |
| Short | Gate SONIC_USDT | 0.02706 | 0.0100 | get 0.0050% / 4h | 43m 19s | $127K | $127K | 25x |
Bitget SONICUSDT
Gate SONIC_USDTFunding 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
- $0
- Price spread: +0.111% → +0.036%
- $7.5
- Slippage, 4 orders
- −$422.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$441.73
- Costs to cover
- 4.492%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; Gate: live order book, 52 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 Bitget live order book, 53 min ago | 5.46 bp | 72.7 bp −$73 | 681.9 bp −$6,819 | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 7.27 bp | 158.5 bp −$159 | doesn't fit | doesn't fit | doesn't fit |
SONIC on 8 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 SONIC-USDT | +0.0074% | 4h | 0.02702 | −0.037% | $122K | $23K | 10x | as long as short |
| Binance SONICUSDT | +0.0100% | 4h | 0.02701 | −0.088% | $1.3M | $4.0M | 10x | as long as short |
| Bybit SONICUSDT | +0.0100% | 4h | 0.02701 | −0.074% | $1.1M | $1.9M | 25x | as long as short |
| Gate SONIC_USDTshort | +0.0100% | 4h | 0.02706 | +0.111% | $127K | $127K | 25x | |
| MEXC SONIC_USDT | +0.0100% | 4h | 0.02700 | −0.111% | $908K | $164K | 50x | as long as short |
| KuCoin SONICUSDTM | +0.0100% | 4h | 0.02715 | +0.444% | $504K | $25K | 10x | as long as short |
| Bitget SONICUSDTlong | +0.0100% | 4h | 0.02703 | long leg | $441K | $581K | 10x | |
| Variational Omni SONIC | +0.0100% | 4h | 0.02687 | −0.593% | $3K | $5K | — | as long as short |
BloFin SONIC-USDT
Binance SONICUSDT
Bybit SONICUSDT
MEXC SONIC_USDT
KuCoin SONICUSDTM
Variational Omni SONIC