Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.014%
Price spread now: Gate against Bybit+0.080%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1501.497% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.080%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.107% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VANAUSDT | 1.1201 | 0.0085 | pay 0.0042% / 4h | 3h 33m | $1.2M | $766K | 25x |
| Short | Gate VANA_USDT | 1.1210 | 0.0100 | get 0.0050% / 4h | 3h 33m | $169K | $315K | 50x |
Bybit VANAUSDT
Gate VANA_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
- $3.16
- Price spread: +0.080% → −0.026%
- $10.67
- Slippage, 4 orders
- −$123.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$135.91
- Costs to cover
- 1.497%
- Break-even
- 307.8 days
Slippage from Bybit: live order book, 3 min ago; Gate: 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 Bybit live order book, 3 min ago | 4.02 bp | 28.8 bp −$29 | 187.7 bp −$1,877 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 4.47 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
VANA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VANAUSDTlong | +0.0085% | 4h | 1.1201 | long leg | $1.2M | $766K | 25x | |
| Aster VANAUSDT | +0.0100% | 4h | 1.1214 | +0.114% | $4K | $39K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1203 | +0.018% | $2.1M | $2.9M | 50x | as long as short |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1217 | +0.143% | $172K | $391K | 20x | as long as short |
| Gate VANA_USDTshort | +0.0100% | 4h | 1.1210 | +0.080% | $169K | $315K | 50x | |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1200 | −0.009% | $226K | $109K | 20x | as long as short |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1200 | −0.009% | $262K | $33K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1200 | −0.009% | $448K | $253K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1202 | +0.009% | — | $6.5M | — | as long as short |
| BloFin VANA-USDT | +0.0158% | 4h | 1.1192 | −0.080% | $98K | $8K | 50x | as long as short |
Aster VANAUSDT
Binance VANAUSDT
OKX VANA-USDT-SWAP
MEXC VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT
BingX VANA-USDT
BloFin VANA-USDT