Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.098%
Price spread now: Bitget against Gate+0.117%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1921.916% of the position
Funding, last 7 days−0.452%−$45 on $10k
+Price spread, last 4 days (all we have)−0.177%−$18 · spread now +0.117%, 7d avg −0.001%
=The price spread pays, funding is against you. Bitget is 0.118% dearer against Gate than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of −0.001%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days. At the pace of the last 7 days (−0.452% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005119 | 0.0142 | pay 0.0071% / 4h | 2h 52m | $770K | $390K | 20x |
| Short | Bitget SPACEUSDT | 0.005125 | 0.0100 | get 0.0050% / 4h | 2h 52m | $897K | $242K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$8.82
- Price spread: +0.117% → −0.001%
- $11.81
- Slippage, 4 orders
- −$164.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$188.61
- Costs to cover
- 1.916%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; Bitget: live order book, 13 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, 14 min ago | 9.66 bp | 64.1 bp −$64 | 4838.6 bp −$48.4K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 7.72 bp | 31.4 bp −$31 | 174.4 bp −$1,744 | doesn't fit | doesn't fit |
SPACE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005131 | +0.241% | $1.9M | $2.1M | 50x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005118 | −0.020% | $1.5M | $1.2M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005130 | +0.215% | $398K | $149K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005116 | −0.059% | $647K | $103K | 20x | as long as short |
| Bitget SPACEUSDTshort | +0.0100% | 4h | 0.005125 | +0.117% | $897K | $242K | 20x | |
| BloFin SPACE-USDT | +0.0106% | 4h | 0.005123 | +0.078% | $160K | $9K | 50x | as long as short |
| Bybit SPACEUSDT | +0.0131% | 4h | 0.005113 | −0.117% | $790K | $174K | 13x | as long as short |
| Gate SPACE_USDTlong | +0.0142% | 4h | 0.005119 | long leg | $770K | $390K | 20x | |
| Aster SPACEUSDT | +0.0990% | 4h | 0.005125 | +0.120% | $16K | $32K | 5x | as long as short |
Gate SPACE_USDT
Bitget SPACEUSDT
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
BloFin SPACE-USDT
Bybit SPACEUSDT
Aster SPACEUSDT