Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h −0.009%
Price spread now: Gate against Bitget+0.015%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,005as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,000as in the Price arb table
costs, in and out, $10k−$9969.958% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.015%, 7d avg +0.060%
=Funding pays, the price is against you. Gate is 0.045% cheaper against Bitget than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.060%). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.089%, 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 WETUSDT | 0.06547 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $572K | $21K | 25x |
| Short | Gate WET_USDT | 0.06548 | 0.0143 | get 0.0143% / 8h | 7h 43m | $984K | $20K | 50x |
Bitget WETUSDT
Gate WET_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
- $9.03
- Price spread: +0.015% → +0.060%
- −$4.52
- Slippage, 4 orders
- −$968.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$991.32
- Costs to cover
- 9.958%
- Break-even
- 775.5 days
Slippage from Bitget: live order book, 26 min ago; Gate: live order book, 28 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, 26 min ago | 10.01 bp | 33.4 bp −$33 | 285.3 bp −$2,853 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 2.31 bp | 614.7 bp −$615 | doesn't fit | doesn't fit | doesn't fit |
WET 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WETUSDT | +0.0100% | 4h | 0.06554 | +0.107% | $1.1M | $845K | 50x | as long as short |
| Bybit WETUSDT | +0.0100% | 4h | 0.06540 | −0.107% | $1.4M | $177K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06536 | −0.168% | $669K | $147K | 20x | as long as short |
| MEXC WET_USDT | +0.0100% | 4h | 0.06552 | +0.076% | $167K | $82K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06536 | −0.168% | $686K | $675K | 50x | as long as short |
| Bitget WETUSDTlong | +0.0100% | 4h | 0.06547 | long leg | $572K | $21K | 25x | |
| BingX WET-USDT | +0.0100% | 4h | 0.06541 | −0.092% | — | $6.5M | — | as long as short |
| BloFin WET-USDT | +0.0119% | 4h | 0.06538 | −0.137% | $69K | $6K | 50x | as long as short |
| Gate WET_USDTshort | +0.0143% | 8h | 0.06548 | +0.015% | $984K | $20K | 50x | |
| Aster WETUSDT | +0.0890% | 4h | 0.06552 | +0.077% | $13K | $29K | 5x | as long as short |
Binance WETUSDT
Bybit WETUSDT
OKX WET-USDT-SWAP
MEXC WET_USDT
KuCoin WETUSDTM
BingX WET-USDT
BloFin WET-USDT
Aster WETUSDT