Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.029%
Price spread now: Bitget against Gate−0.101%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2202.202% of the position
Funding, last 7 days+1.001%+$100 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.101%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.026% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.075%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.001%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VTHO_USDT | 0.0006963 | −0.1138 | get 0.0569% / 4h | 1h 00m | $401K | $336K | 25x |
| Short | Bitget VTHOUSDT | 0.0006956 | −0.1254 | pay 0.0627% / 4h | 1h 00m | $1.2M | $1.1M | 50x |
Gate VTHO_USDT
Bitget VTHOUSDTFunding 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
- −$24.36
- Price spread: −0.101% → −0.075%
- −$2.56
- Slippage, 4 orders
- −$193.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$247.13
- Costs to cover
- 2.202%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; Bitget: live order book, 1 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, 15 min ago | 4.32 bp | 104.7 bp −$105 | 10373.1 bp −$103.7K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.88 bp | 25.4 bp −$25 | 74.0 bp −$740 | 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 | −0.1336% | 4h | 0.0006965 | +0.027% | $5.0M | $11.5M | 50x | as long as short |
| MEXC VTHO_USDT | −0.1334% | 4h | 0.0006961 | −0.029% | $1.7M | $187K | 20x | as long as short |
| BingX VTHO-USDT | −0.1270% | 4h | 0.0006961 | −0.029% | — | $1.4M | — | as long as short |
| Bitget VTHOUSDTshort | −0.1254% | 4h | 0.0006956 | −0.101% | $1.2M | $1.1M | 50x | |
| Gate VTHO_USDTlong | −0.1138% | 4h | 0.0006963 | long leg | $401K | $336K | 25x |
Binance VTHOUSDT
MEXC VTHO_USDT
BingX VTHO-USDT