Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.66 per $10,000 · paid last 24h −0.092%
Price spread now: Bybit against Gate−0.060%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$667as in the Funding arb table
Net, price: spread back to 7d avg − costs−$646as in the Price arb table
costs, in and out, $10k−$6436.426% of the position
Funding, last 7 days−0.249%−$25 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now −0.060%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.004990 | 0.0232 | pay 0.0116% / 4h | 1h 57m | $752K | $426K | 20x |
| Short | Bybit SPACEUSDT | 0.004987 | 0.0100 | get 0.0050% / 4h | 1h 57m | $765K | $166K | 13x |
Gate SPACE_USDT
Bybit SPACEUSDTFunding 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
- −$27.72
- Price spread: −0.060% → −0.028%
- −$3.18
- Slippage, 4 orders
- −$616.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$673.51
- Costs to cover
- 6.426%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Bybit: live order book, 22 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, 24 min ago | 9.01 bp | 113.3 bp −$113 | 5321.8 bp −$53.2K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 22 min ago | 6.01 bp | 213.3 bp −$213 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPACE-USDT | +0.0087% | 4h | 0.004990 | 0.000% | $156K | $8K | 50x | as long as short |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005000 | +0.200% | $1.8M | $1.9M | 50x | as long as short |
| Bybit SPACEUSDTshort | +0.0100% | 4h | 0.004987 | −0.060% | $765K | $166K | 13x | |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.004993 | +0.060% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005002 | +0.240% | $362K | $155K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.004996 | +0.120% | $632K | $102K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.004994 | +0.080% | $874K | $237K | 20x | as long as short |
| Gate SPACE_USDTlong | +0.0232% | 4h | 0.004990 | long leg | $752K | $426K | 20x | |
| Aster SPACEUSDT | +0.0740% | 4h | 0.004995 | +0.100% | $15K | $30K | 5x | as long as short |
BloFin SPACE-USDT
Binance SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT