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

TOSHI

all TOSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.093%
Price spread now: Bitget against Gate+0.154%7-day average +0.251% · you sell dearer than you buy
Net, funding: paid 7d − costs−$858as in the Funding arb table
Net, price: spread back to 7d avg − costs−$882as in the Price arb table
costs, in and out, $10k−$8728.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.154%, 7d avg +0.251%
Together, before fees+0.282%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.098% cheaper against Gate than usual: you would sell low and buy high (spread +0.154% now, against its 7-day average of +0.251%). If the spread goes back, that is −$10 on $10k: about 33 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.146% in total) that is about 4.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TOSHI_USDT0.00013010.0100pay 0.0100% / 8h3h 09m$164K$41K50x
ShortBitget TOSHIUSDT0.00013030.0340get 0.0170% / 4h3h 09m$580K$484K20x

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
$50.4
Price spread: +0.154% → +0.251%
−$9.76
Slippage, 4 orders
−$845.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$831.63
Costs to cover
8.723%
Break-even
122.5 days
Slippage from Gate: live order book, 37 min ago; Bitget: live order book, 41 min ago.

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 live order book, 37 min ago11.41 bp274.5 bp −$275doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago7.54 bp74.5 bp −$75doesn't fitdoesn't fitdoesn't fit

TOSHI 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
Aster TOSHIUSDT+0.0100%4h0.0001301+0.023%$47K$25K5xas long as short
Binance TOSHIUSDT+0.0100%4h0.0001300−0.046%$1.1M$2.0M50xas long as short
Bybit 1000TOSHIUSDT+0.0100%4h0.0001302+0.085%$699K$632K25xas long as short
Gate TOSHI_USDTlong+0.0100%8h0.0001301long leg$164K$41K50x
MEXC TOSHI_USDT+0.0100%4h0.0001299−0.154%$608K$193K50xas long as short
KuCoin TOSHIUSDTM+0.0100%4h0.0001303+0.184%$147K$21K30xas long as short
BloFin TOSHI-USDT+0.0106%4h0.0001299−0.154%$75K$11K50xas long as short
Bitget TOSHIUSDTshort+0.0340%4h0.0001303+0.154%$580K$484K20x
BingX TOSHI-USDT+0.0360%4h0.0001302+0.077%$6.5Mas long as short