Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit+0.136%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$329as in the Price arb table
costs, in and out, $10k−$3483.483% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.136%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.197% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUALUSDT | 0.01401 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $1.1M | $796K | 25x |
| Short | Gate USUAL_USDT | 0.01403 | 0.0100 | get 0.0100% / 8h | 3h 32m | $948K | $110K | 50x |
Bybit USUALUSDT
Gate USUAL_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: +0.136% → −0.061%
- $19.69
- Slippage, 4 orders
- −$322.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$328.66
- Costs to cover
- 3.483%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 19 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, 3 min ago | 3.93 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 19 min ago | 7.10 bp | 125.3 bp −$125 | 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 | −0.5000% | 1h | 0.01383 | −1.292% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01402 | +0.064% | $405K | $186K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01399 | −0.171% | $2.3M | $3.4M | 50x | as long as short |
| Bybit USUALUSDTlong | +0.0100% | 4h | 0.01401 | long leg | $1.1M | $796K | 25x | |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01403 | +0.136% | $948K | $110K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01400 | −0.079% | $6.1M | $248K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01399 | −0.150% | $258K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01401 | −0.007% | $829K | $395K | 50x | as long as short |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01401 | −0.029% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01399 | −0.142% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
BingX USUAL-USDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0275% | 1h | 0.01400 | −0.102% | $111K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD