Settings8H · net · $10k
Funding arb · Price arb /

STABLE

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Alert: funding
Alert: spread
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−0.080%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3033.032% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.486%+$49 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.080%, 7d avg −0.071%
Together, before fees+0.479%+$48 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit STABLEUSDT0.024930.0100pay 0.0050% / 4h2h 11m$1.5M$772K25x
ShortGate STABLE_USDT0.024910.0100get 0.0050% / 4h2h 11m$174K$70K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.080% → −0.071%
−$0.96
Slippage, 4 orders
−$277.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$304.17
Costs to cover
3.032%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago4.01 bp26.6 bp −$27391.2 bp −$3,912doesn't fitdoesn't fit
Sell Gate live order book, 50 min ago6.02 bp136.0 bp −$136doesn't fitdoesn't fitdoesn't fit

STABLE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter STABLE+0.0096%1h0.02505+0.461%$115K$8K3xas long as short
Hyperliquid STABLE+0.0100%1h0.02490−0.104%$878K$202K3xas long as short
Aster STABLEUSDT+0.0100%4h0.02491−0.086%$19K$7K20xas long as short
Binance STABLEUSDT+0.0100%4h0.02490−0.104%$2.5M$2.9M75xas long as short
Bybit STABLEUSDTlong+0.0100%4h0.02493long leg$1.5M$772K25x
OKX STABLE-USDT-SWAP+0.0100%4h0.02494+0.040%$201K$414K20xas long as short
Gate STABLE_USDTshort+0.0100%4h0.02491−0.080%$174K$70K50x
MEXC STABLE_USDT+0.0100%4h0.02491−0.080%$609K$176K20xas long as short
KuCoin STABLEUSDTM+0.0100%4h0.02499+0.241%$185K$30K30xas long as short
Bitget STABLEUSDT+0.0100%4h0.02491−0.080%$292K$96K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX STABLE-USDT+0.0100%4h0.02491−0.080%$6.5Mas long as short
Variational Omni STABLE+0.0100%4h0.02494+0.022%$146K$50Kas long as short
SunX STABLE-USDT+0.0100%4h0.02490−0.136%$2K$817K20xas long as short
Extended STABLE-USD+0.0104%1h0.02490−0.105%$12K$144K10xas long as short