Funding you earn now, next payment 12:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.042%
Price spread now: Gate against Bitget+0.024%7-day average −0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2232.233% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.024%, 7d avg −0.147%
=The price spread pays, funding is against you. Gate is 0.171% dearer against Bitget than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.147%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STOUSDT | 0.04192 | 0.0158 | pay 0.0079% / 4h | 3h 05m | $324K | $23K | 10x |
| Short | Gate STO_USDT | 0.04193 | 0.0100 | get 0.0050% / 4h | 3h 05m | $245K | $128K | 25x |
Bitget STOUSDT
Gate STO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$12.18
- Price spread: +0.024% → −0.147%
- $17.13
- Slippage, 4 orders
- −$196.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.34
- Costs to cover
- 2.233%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 20 min ago; Gate: live order book, 21 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 Bitget live order book, 20 min ago | 4.81 bp | 49.9 bp −$50 | 674.3 bp −$6,743 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 6.03 bp | 67.1 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
STO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04190 | −0.042% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04190 | −0.042% | $3.4M | $1.5M | 20x | as long as short |
| Gate STO_USDTshort | +0.0100% | 4h | 0.04193 | +0.024% | $245K | $128K | 25x | |
| MEXC STO_USDT | +0.0100% | 4h | 0.04190 | −0.048% | $768K | $103K | 50x | as long as short |
| Bybit STOUSDT | +0.0157% | 4h | 0.04201 | +0.215% | $722K | $281K | 13x | as long as short |
| Bitget STOUSDTlong | +0.0158% | 4h | 0.04192 | long leg | $324K | $23K | 10x | |
| BingX STO-USDT | +0.0158% | 4h | 0.04193 | +0.024% | — | $6.5M | — | as long as short |
| Variational Omni STO | +0.0476% | 4h | 0.04201 | +0.222% | $4K | $12 | — | as long as short |
| KuCoin STOUSDTM | +0.0762% | 4h | 0.04203 | +0.262% | $1.0M | $15K | 25x | as long as short |
Aster STOUSDT
Binance STOUSDT
MEXC STO_USDT
Bybit STOUSDT
BingX STO-USDT
Variational Omni STO
KuCoin STOUSDTM