Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.146%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$478as in the Funding arb table
Net, price: spread back to 7d avg − costs−$448as in the Price arb table
costs, in and out, $10k−$4534.535% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.146%, 7d avg +0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VELODROMEUSDT | 0.03004 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $812K | $380K | 20x |
| Short | Gate VELODROME_USDT | 0.03008 | 0.0100 | get 0.0050% / 4h | 3h 12m | $124K | $6K | 20x |
Bybit VELODROMEUSDT
Gate VELODROME_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: +0.146% → +0.096%
- $5.01
- Slippage, 4 orders
- −$427.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$448.48
- Costs to cover
- 4.535%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; Gate: live order book, 53 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, 57 min ago | 5.19 bp | 146.3 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 3.33 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.03009 | +0.176% | $7.7M | $1.6M | 50x | as long as short |
| Bybit VELODROMEUSDTlong | +0.0100% | 4h | 0.03004 | long leg | $812K | $380K | 20x | |
| Gate VELODROME_USDTshort | +0.0100% | 4h | 0.03008 | +0.146% | $124K | $6K | 20x | |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.03008 | +0.146% | $242K | $93K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03001 | −0.087% | $533K | $24K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.03006 | +0.080% | — | $1.2M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02986 | −0.601% | $78K | $3K | — | as long as short |
Binance VELODROMEUSDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME