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

THE

all THE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −9.0% APRnext payment $0.41 per $10,000 · paid last 24h +0.020%
Price spread now: Bitget against Gate−0.073%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.073% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate THE_USDT0.082500.0182pay 0.0091% / 4h2h 12m$67K$76K10x
ShortBitget THEUSDT0.082440.0100get 0.0050% / 4h2h 12m$414K$358K10x

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

Profit calculator

Funding earned
−$17.22
Price spread: −0.073% → 0.000%
−$7.27
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$51.49
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 48 min ago. 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 Gate no order-book sample
Sell Bitget live order book, 48 min ago11.31 bp31.2 bp −$31425.4 bp −$4,254doesn't fitdoesn'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.

THE on 8 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
Bitget THEUSDTshort+0.0100%4h0.08244−0.073%$414K$358K10x
Gate THE_USDTlong+0.0182%4h0.08250long leg$67K$76K10x
Aster THEUSDT+0.0449%4h0.08254+0.045%$5K$9K5xas long as short
KuCoin THEUSDTM+0.0466%4h0.08233−0.206%$123K$103K10xas long as short
Binance THEUSDT+0.0489%4h0.08252+0.022%$2.2M$4.5M10xas long as short
MEXC THE_USDT+0.0494%4h0.08254+0.048%$186K$141K50xas long as short
BingX THE-USDT+0.1428%4h0.08246−0.048%$6.5Mas long as short
Bybit THEUSDT+0.1440%4h0.08237−0.158%$564K$415K20xas long as short