Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate+0.143%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3213.214% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.143%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.116% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01399 | 0.0100 | pay 0.0100% / 8h | 3h 34m | $945K | $110K | 50x |
| Short | Bitget USUALUSDT | 0.01401 | 0.0100 | get 0.0050% / 4h | 3h 34m | $829K | $394K | 50x |
Gate USUAL_USDT
Bitget USUALUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.143% → +0.027%
- $11.63
- Slippage, 4 orders
- −$294.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$309.73
- Costs to cover
- 3.214%
- Break-even
- never at this rate
Slippage from Gate: live order book, 18 min ago; Bitget: live order book, 17 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, 18 min ago | 7.10 bp | 135.4 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 min ago | 7.12 bp | 31.9 bp −$32 | 118.5 bp −$1,185 | 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 | 0.01382 | −1.215% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01398 | −0.071% | $402K | $184K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01400 | +0.039% | $2.3M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01402 | +0.186% | $1.1M | $796K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01399 | long leg | $945K | $110K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01396 | −0.179% | $6.1M | $248K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01395 | −0.286% | $257K | $62K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01401 | +0.143% | $829K | $394K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01398 | −0.100% | — | $1.2M | — | as long as short |
| Variational Omni USUAL | +0.0100% | 4h | 0.01399 | +0.008% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
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 | +0.0276% | 1h | 0.01396 | −0.180% | $110K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD