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

THE

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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 −0.020%
Price spread now: Gate against Bitget+0.099%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.099% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget THEUSDT0.080820.0100pay 0.0050% / 4h3h 44m$402K$317K10x
ShortGate THE_USDT0.080900.0100get 0.0050% / 4h3h 44m$67K$68K10x

Funding 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 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: +0.099% → 0.000%
$9.9
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$17.1
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 21 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 21 min ago8.06 bp32.8 bp −$33522.6 bp −$5,226doesn't fitdoesn't fit
Sell Gate no order-book sample
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.

THE on 9 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
BingX THE-USDT+0.0070%4h0.08093+0.136%$6.5Mas long as short
Gate THE_USDTshort+0.0100%4h0.08090+0.099%$67K$68K10x
Bitget THEUSDTlong+0.0100%4h0.08082long leg$402K$317K10x
Aster THEUSDT+0.0264%4h0.08082−0.005%$5K$7K5xas long as short
KuCoin THEUSDTM+0.0280%4h0.08090+0.099%$129K$75K10xas long as short
MEXC THE_USDT+0.0396%4h0.08094+0.148%$185K$134K50xas long as short
Binance THEUSDT+0.0397%4h0.08095+0.165%$2.0M$3.7M10xas long as short
BloFin THE-USDT+0.0408%4h0.08093+0.136%$131K$4K50xas long as short
Bybit THEUSDT+0.0643%4h0.08087+0.062%$554K$332K20xas long as short