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: Bybit against Gate−0.037%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3613.615% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.037%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.110% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SONIC_USDT | 0.02689 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $132K | $96K | 25x |
| Short | Bybit SONICUSDT | 0.02688 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.0M | $967K | 25x |
Gate SONIC_USDT
Bybit SONICUSDTFunding 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: −0.037% → +0.073%
- −$11
- Slippage, 4 orders
- −$335.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$372.48
- Costs to cover
- 3.615%
- Break-even
- never at this rate
Slippage from Gate: live order book, 35 min ago; Bybit: live order book, 1 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, 35 min ago | 7.51 bp | 115.2 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 9.29 bp | 69.2 bp −$69 | 390.4 bp −$3,904 | 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 SONICUSDTshort | +0.0100% | 4h | 0.02688 | −0.037% | $1.0M | $967K | 25x | |
| Gate SONIC_USDTlong | +0.0100% | 4h | 0.02689 | long leg | $132K | $96K | 25x | |
| Variational Omni SONIC | +0.0100% | 4h | 0.02690 | +0.037% | $3K | $2K | — | as long as short |
| Bitget SONICUSDT | +0.0234% | 4h | 0.02691 | +0.074% | $420K | $447K | 10x | as long as short |
| KuCoin SONICUSDTM | +0.0654% | 4h | 0.02681 | −0.298% | $497K | $24K | 10x | as long as short |
| MEXC SONIC_USDT | +0.1064% | 4h | 0.02689 | 0.000% | $875K | $131K | 50x | as long as short |
| Binance SONICUSDT | +0.1065% | 4h | 0.02690 | +0.037% | $1.4M | $2.2M | 10x | as long as short |
| BloFin SONIC-USDT | +0.1087% | 4h | 0.02672 | −0.632% | $132K | $4K | 10x | as long as short |
Variational Omni SONIC
Bitget SONICUSDT
KuCoin SONICUSDTM
MEXC SONIC_USDT
Binance SONICUSDT
BloFin SONIC-USDT