Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.325%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.325% dearer against Gate than usual: you sell high and buy low, +$33 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPELL_USDT | 0.00009220 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $52K | $24K | 20x |
| Short | Bitget SPELLUSDT | 0.00009250 | 0.0100 | get 0.0100% / 8h | 7h 44m | $614K | $38K | 25x |
Gate SPELL_USDT
Bitget SPELLUSDTFunding 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
- $0
- Price spread: +0.325% → 0.000%
- $32.54
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $5.54
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 25 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 25 min ago | 10.89 bp | 27.9 bp −$28 | 245.6 bp −$2,456 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPELL on 7 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 SPELLUSDT | +0.0100% | 8h | 0.00009255 | +0.380% | $1.5M | $1.5M | 50x | as long as short |
| Gate SPELL_USDTlong | +0.0100% | 8h | 0.00009220 | long leg | $52K | $24K | 20x | |
| MEXC SPELL_USDT | +0.0100% | 8h | 0.00009250 | +0.325% | $413K | $125K | 20x | as long as short |
| KuCoin SPELLUSDTM | +0.0100% | 8h | 0.00009230 | +0.108% | $193K | $26K | 30x | as long as short |
| Bitget SPELLUSDTshort | +0.0100% | 8h | 0.00009250 | +0.325% | $614K | $38K | 25x | |
| Variational Omni SPELL | +0.0100% | 8h | 0.00009244 | +0.256% | $212 | $1K | — | as long as short |
| Kraken Futures PF_SPELLUSD | +0.0976% | 1h | 0.00009251 | +0.333% | $15K | $2K | 10x | as long as short |
Binance SPELLUSDT
MEXC SPELL_USDT
KuCoin SPELLUSDTM
Variational Omni SPELL
Kraken Futures PF_SPELLUSD