Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against Bybit−0.202%7-day average −0.424% · you buy dearer than you sell
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3453.447% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days−0.148%−$15 · spread now −0.202%, 7d avg −0.424%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.222% dearer against Bybit than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.424%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUSDT | 0.01636 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $3.2M | $856K | 20x |
| Short | Gate US_USDT | 0.01632 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.0M | $555K | 20x |
Bybit USUSDT
Gate US_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $0
- Price spread: −0.202% → −0.424%
- $22.24
- Slippage, 4 orders
- −$318.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$322.43
- Costs to cover
- 3.447%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 min ago.
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 Bybit live order book, 2 min ago | 6.12 bp | 115.5 bp −$116 | 6242.4 bp −$62.4K | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.18 bp | 77.6 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0262% | 4h | 0.01629 | −0.410% | $4.2M | $278K | 20x | as long as short |
| Bybit USUSDTlong | +0.0100% | 4h | 0.01636 | long leg | $3.2M | $856K | 20x | |
| Gate US_USDTshort | +0.0100% | 4h | 0.01632 | −0.202% | $2.0M | $555K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01636 | +0.012% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0120% | 4h | 0.01634 | −0.109% | $12K | $55K | 5x | as long as short |
| BloFin US-USDT | +0.0169% | 4h | 0.01635 | −0.061% | $476K | $49K | 10x | as long as short |
| Extended US-USD | +0.0216% | 1h | 0.01635 | −0.053% | $4K | $141K | 5x | as long as short |
| MEXC US_USDT | +0.0218% | 4h | 0.01635 | −0.037% | $5.5M | $116K | 100x | as long as short |
| Binance USUSDT | +0.0233% | 4h | 0.01635 | −0.018% | $9.1M | $3.1M | 10x | as long as short |
| BingX US-USDT | +0.0432% | 4h | 0.01635 | −0.012% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
BloFin US-USDT
Extended US-USD
MEXC US_USDT
Binance USUSDT
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0438% | 4h | 0.01636 | +0.018% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT