Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.039%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$4124.124% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.039%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.114% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SONICUSDT | 0.02595 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $1.0M | $917K | 25x |
| Short | Gate SONIC_USDT | 0.02596 | 0.0100 | get 0.0050% / 4h | 2h 55m | $126K | $91K | 25x |
Bybit SONICUSDT
Gate SONIC_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
- $0
- Price spread: +0.039% → −0.075%
- $11.4
- Slippage, 4 orders
- −$386.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$401.03
- Costs to cover
- 4.124%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: 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 Bybit live order book, 5 min ago | 3.82 bp | 58.4 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 7.64 bp | 158.4 bp −$158 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SONICUSDTlong | +0.0100% | 4h | 0.02595 | long leg | $1.0M | $917K | 25x | |
| Gate SONIC_USDTshort | +0.0100% | 4h | 0.02596 | +0.039% | $126K | $91K | 25x | |
| Variational Omni SONIC | +0.0302% | 4h | 0.02597 | +0.062% | $3K | $2K | — | as long as short |
| Bitget SONICUSDT | +0.0828% | 4h | 0.02593 | −0.077% | $409K | $403K | 10x | as long as short |
| KuCoin SONICUSDTM | +0.1138% | 4h | 0.02601 | +0.231% | $482K | $23K | 10x | as long as short |
| MEXC SONIC_USDT | +0.1526% | 4h | 0.02593 | −0.077% | $839K | $127K | 50x | as long as short |
| Binance SONICUSDT | +0.1526% | 4h | 0.02591 | −0.154% | $1.4M | $2.0M | 10x | as long as short |
| BloFin SONIC-USDT | +0.1550% | 4h | 0.02610 | +0.578% | $127K | $3K | 10x | as long as short |
Variational Omni SONIC
Bitget SONICUSDT
KuCoin SONICUSDTM
MEXC SONIC_USDT
Binance SONICUSDT
BloFin SONIC-USDT