TOWNS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0812%/8h= +88.9% APRnext payment +$4.06 per $10,000 · paid last 24h +0.039%

Price spread now: Bitget against Gate+0.146%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Bitget is 0.146% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.06 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	Gate TOWNS_USDT	0.002059	0.0100	pay 0.0050% / 4h	3h 21m	$71K	$19K	10x
Short	Bitget TOWNSUSDT	0.002062	0.0912	get 0.0456% / 4h	3h 21m	$339K	$47K	5x

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

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now +0.146%Rate

Funding earned: $170.52
Price spread: +0.146% → 0.000%: $14.57
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $158.09
Costs to cover: 0.270%
Break-even: 0.5 days

Slippage unknown: Gate: no order-book sample; Bitget: live order book, 44 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, 44 min ago	9.73 bp	34.8 bp −$35	363.4 bp −$3,634	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.

TOWNS on 12 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
Coinbase International TOWNS-PERP-INTX	−0.1416%	1h	0.002065	+0.291%	$77K	$4K	25x	as long as short
Bybit TOWNSUSDT	+0.0100%	4h	0.002057	−0.097%	$369K	$112K	5x	as long as short
Gate TOWNS_USDTlong	+0.0100%	4h	0.002059	long leg	$71K	$19K	10x
Variational Omni TOWNS	+0.0100%	4h	0.002059	−0.016%	$460	$286	—	as long as short
Aster TOWNSUSDT	+0.0283%	4h	0.002056	−0.156%	$10K	$6K	5x	as long as short
Binance TOWNSUSDT	+0.0442%	4h	0.002059	0.000%	$2.0M	$1.3M	10x	as long as short
MEXC TOWNS_USDT	+0.0450%	4h	0.002058	−0.049%	$398K	$127K	100x	as long as short
BloFin TOWNS-USDT	+0.0466%	4h	0.002065	+0.291%	$132K	$4K	10x	as long as short
BingX TOWNS-USDT	+0.0884%	4h	0.002063	+0.194%	—	$2.3M	—	as long as short
Bitget TOWNSUSDTshort	+0.0912%	4h	0.002062	+0.146%	$339K	$47K	5x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin TOWNSUSDTM	+0.1046%	4h	0.002062	+0.146%	$259K	$25K	10x	as long as short
Deribit TOWNS_USDC-PERPETUAL	+0.2180%	1h	0.002063	+0.194%	—	—	25x	as long as short