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
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate THE_USDT | 0.08250 | 0.0182 | pay 0.0091% / 4h | 2h 12m | $67K | $76K | 10x |
| Short | Bitget THEUSDT | 0.08244 | 0.0100 | get 0.0050% / 4h | 2h 12m | $414K | $358K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 48 min ago | 11.31 bp | 31.2 bp −$31 | 425.4 bp −$4,254 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget THEUSDTshort | +0.0100% | 4h | 0.08244 | −0.073% | $414K | $358K | 10x | |
| Gate THE_USDTlong | +0.0182% | 4h | 0.08250 | long leg | $67K | $76K | 10x | |
| Aster THEUSDT | +0.0449% | 4h | 0.08254 | +0.045% | $5K | $9K | 5x | as long as short |
| KuCoin THEUSDTM | +0.0466% | 4h | 0.08233 | −0.206% | $123K | $103K | 10x | as long as short |
| Binance THEUSDT | +0.0489% | 4h | 0.08252 | +0.022% | $2.2M | $4.5M | 10x | as long as short |
| MEXC THE_USDT | +0.0494% | 4h | 0.08254 | +0.048% | $186K | $141K | 50x | as long as short |
| BingX THE-USDT | +0.1428% | 4h | 0.08246 | −0.048% | — | $6.5M | — | as long as short |
| Bybit THEUSDT | +0.1440% | 4h | 0.08237 | −0.158% | $564K | $415K | 20x | as long as short |
Gate THE_USDT
Bitget THEUSDT
Aster THEUSDT
KuCoin THEUSDTM
Binance THEUSDT
MEXC THE_USDT
BingX THE-USDT
Bybit THEUSDT