Funding you earn now, next payment 04:00 UTC+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.054%
Price spread now: Gate against Bitget−0.044%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1661.661% of the position
Funding, last 7 days−1.055%−$106 on $10k
+Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.044%, 7d avg +0.077%
=Funding pays, the price is against you. Gate is 0.121% cheaper against Bitget than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.077%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −1.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VTHOUSDT | 0.0006891 | −0.2240 | get 0.1120% / 4h | 1h 20m | $1.2M | $1.5M | 50x |
| Short | Gate VTHO_USDT | 0.0006888 | −0.1746 | pay 0.0873% / 4h | 1h 20m | $370K | $435K | 25x |
Bitget VTHOUSDT
Gate VTHO_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
- $103.74
- Price spread: −0.044% → +0.077%
- −$12.07
- Slippage, 4 orders
- −$139.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.45
- Costs to cover
- 1.661%
- Break-even
- 12.0 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 41 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, 1 min ago | 3.62 bp | 24.8 bp −$25 | 118.4 bp −$1,184 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 5.10 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
VTHO on 5 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 VTHOUSDT | −0.2540% | 4h | 0.0006890 | −0.010% | $5.1M | $14.5M | 50x | as long as short |
| MEXC VTHO_USDT | −0.2540% | 4h | 0.0006893 | +0.029% | $1.7M | $211K | 20x | as long as short |
| Bitget VTHOUSDTlong | −0.2240% | 4h | 0.0006891 | long leg | $1.2M | $1.5M | 50x | |
| Gate VTHO_USDTshort | −0.1746% | 4h | 0.0006888 | −0.044% | $370K | $435K | 25x | |
| BingX VTHO-USDT | −0.1640% | 4h | 0.0006903 | +0.174% | — | $1.4M | — | as long as short |
Binance VTHOUSDT
MEXC VTHO_USDT
BingX VTHO-USDT