Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget+0.146%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$3123.118% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.146%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.179% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUALUSDT | 0.01371 | 0.0100 | pay 0.0050% / 4h | 37m 31s | $832K | $452K | 50x |
| Short | Gate USUAL_USDT | 0.01373 | 0.0100 | get 0.0100% / 8h | 37m 31s | $928K | $212K | 50x |
Bitget USUALUSDT
Gate USUAL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: +0.146% → −0.033%
- $17.86
- Slippage, 4 orders
- −$284.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$293.96
- Costs to cover
- 3.118%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 min ago; Gate: live order book, 39 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 Bitget live order book, 38 min ago | 3.69 bp | 20.7 bp −$21 | 89.4 bp −$894 | doesn't fit | doesn't fit |
| Sell Gate live order book, 39 min ago | 3.69 bp | 152.9 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4582% | 1h | 0.01360 | −0.802% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0767% | 1h | 0.01372 | +0.043% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01372 | +0.073% | $395K | $201K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01370 | −0.043% | $2.1M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01373 | +0.175% | $1.0M | $825K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01373 | +0.146% | $928K | $212K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01371 | −0.036% | $6.0M | $247K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01374 | +0.219% | $280K | $60K | 20x | as long as short |
| Bitget USUALUSDTlong | +0.0100% | 4h | 0.01371 | long leg | $832K | $452K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01373 | +0.124% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01376 | +0.356% | $9K | $208 | — | as long as short |
Variational Omni USUAL