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: Bybit against Gate+0.141%7-day average +0.424% · you sell dearer than you buy
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3543.541% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 7 days+0.209%+$21 · spread now +0.141%, 7d avg +0.424%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.283% cheaper against Gate than usual: you would sell low and buy high, −$28 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 | Gate US_USDT | 0.01631 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $2.0M | $551K | 20x |
| Short | Bybit USUSDT | 0.01633 | 0.0100 | get 0.0050% / 4h | 1h 24m | $3.2M | $855K | 20x |
Gate US_USDT
Bybit USUSDTFunding 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
- $0
- Price spread: +0.141% → +0.424%
- −$28.31
- Slippage, 4 orders
- −$328.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$382.44
- Costs to cover
- 3.541%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 3 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 Gate live order book, 3 min ago | 5.53 bp | 68.9 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.13 bp | 97.6 bp −$98 | 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 | −0.0256% | 4h | 0.01627 | −0.264% | $4.2M | $277K | 20x | as long as short |
| BloFin US-USDT | +0.0090% | 4h | 0.01632 | +0.049% | $477K | $48K | 10x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01632 | +0.047% | $12K | $55K | 5x | as long as short |
| Bybit USUSDTshort | +0.0100% | 4h | 0.01633 | +0.141% | $3.2M | $855K | 20x | |
| Gate US_USDTlong | +0.0100% | 4h | 0.01631 | long leg | $2.0M | $551K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01632 | +0.092% | $16K | $3K | — | as long as short |
| MEXC US_USDT | +0.0116% | 4h | 0.01633 | +0.110% | $5.5M | $115K | 100x | as long as short |
| Binance USUSDT | +0.0120% | 4h | 0.01633 | +0.110% | $9.1M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0120% | 1h | 0.01632 | +0.079% | $4K | $141K | 5x | as long as short |
| BingX US-USDT | +0.0408% | 4h | 0.01633 | +0.129% | — | $1.3M | — | as long as short |
KuCoin USUSDTM
BloFin US-USDT
Aster USUSDT
Variational Omni US
MEXC US_USDT
Binance USUSDT
Extended US-USD
BingX US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0412% | 4h | 0.01633 | +0.147% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT