Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.045%
Price spread now: Bybit against Gate0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TOWNS_USDT | 0.002060 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $71K | $19K | 10x |
| Short | Bybit TOWNSUSDT | 0.002060 | 0.0134 | get 0.0067% / 4h | 3h 19m | $369K | $112K | 5x |
Gate TOWNS_USDT
Bybit TOWNSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $7.19
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$18.81
- Costs to cover
- 0.260%
- Break-even
- 25.3 days
Slippage unknown: Gate: no order-book sample; Bybit: live order book, 45 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 Bybit live order book, 45 min ago | 9.74 bp | 558.9 bp −$559 | doesn't fit | 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 | 0.002171 | +5.388% | $81K | $4K | 25x | as long as short |
| Gate TOWNS_USDTlong | +0.0100% | 4h | 0.002060 | long leg | $71K | $19K | 10x | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002059 | −0.065% | $460 | $286 | — | as long as short |
| Bybit TOWNSUSDTshort | +0.0134% | 4h | 0.002060 | 0.000% | $369K | $112K | 5x | |
| Aster TOWNSUSDT | +0.0289% | 4h | 0.002056 | −0.209% | $10K | $6K | 5x | as long as short |
| BloFin TOWNS-USDT | +0.0428% | 4h | 0.002060 | 0.000% | $132K | $4K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0454% | 4h | 0.002061 | +0.049% | $398K | $127K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0456% | 4h | 0.002061 | +0.045% | $2.0M | $1.3M | 10x | as long as short |
| BingX TOWNS-USDT | +0.0884% | 4h | 0.002063 | +0.146% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0926% | 4h | 0.002063 | +0.146% | $339K | $47K | 5x | as long as short |
Coinbase International TOWNS-PERP-INTX
Variational Omni TOWNS
Aster TOWNSUSDT
BloFin TOWNS-USDT
MEXC TOWNS_USDT
Binance TOWNSUSDT
BingX TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TOWNSUSDTM | +0.1070% | 4h | 0.002063 | +0.146% | $256K | $25K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.2664% | 1h | 0.002065 | +0.243% | — | — | 25x | as long as short |
KuCoin TOWNSUSDTM
Deribit TOWNS_USDC-PERPETUAL