Funding you earn now, next payment 00:00 UTC+0.1342%/8h= +146.9% APRnext payment +$6.71 per $10,000 · paid last 24h +0.088%
Price spread now: Gate against Bitget+0.135%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$3013.010% of the position
Funding, last 4 days (all we have)−0.205%−$20 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.135%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Gate is 0.134% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 4 days funding on this pair cost −0.205%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.205% in total (about -20.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STONKUSDT | 0.3699 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $330K | $2.8M | 10x |
| Short | Gate STONK_USDT | 0.3704 | 0.1442 | get 0.0721% / 4h | 1h 49m | $874K | $1.7M | 10x |
Bitget STONKUSDT
Gate STONK_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
- $281.82
- Price spread: +0.135% → +0.001%
- $13.4
- Slippage, 4 orders
- −$274
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$5.78
- Costs to cover
- 3.010%
- Break-even
- 7.1 days
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago | 18.55 bp | 55.6 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.25 bp | 113.3 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDTlong | +0.0100% | 4h | 0.3699 | long leg | $330K | $2.8M | 10x | |
| MEXC STONK_USDT | +0.0230% | 4h | 0.3702 | +0.081% | $850K | $1.1M | 20x | as long as short |
| Bybit STONKUSDT | +0.0875% | 4h | 0.3709 | +0.278% | $1.5M | $7.0M | 5x | as long as short |
| BingX STONK-USDT | +0.0888% | 4h | 0.3708 | +0.251% | — | $953K | — | as long as short |
| BloFin STONK-USDT | +0.1152% | 4h | 0.3686 | −0.343% | $89K | $237K | 5x | as long as short |
| Gate STONK_USDTshort | +0.1442% | 4h | 0.3704 | +0.135% | $874K | $1.7M | 10x | |
| Phoenix STONK | +0.1531% | 1h | 0.3710 | +0.297% | $191K | $231K | 3x | as long as short |
| Aster STONKUSDT | +0.3711% | 1h | 0.3708 | +0.246% | $488K | $1.2M | 10x | as long as short |
| Lighter STONK | +0.4128% | 1h | 0.3717 | +0.497% | $433K | $629K | 5x | as long as short |
MEXC STONK_USDT
Bybit STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Phoenix STONK
Aster STONKUSDT
Lighter STONK