Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against Bybit−0.273%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,268as in the Price arb table
costs, in and out, $10k−$3,25532.551% of the position
Funding, last 7 days+0.767%+$77 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.273%, 7d avg −0.143%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.129% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.143%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XCNUSDT | 0.004402 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.0M | $1.5M | 5x |
| Short | Gate XCN_USDT | 0.004390 | 0.0100 | get 0.0050% / 4h | 2h 41m | $347K | $91K | 10x |
Bybit XCNUSDT
Gate XCN_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: −0.273% → −0.143%
- −$12.91
- Slippage, 4 orders
- −$3,229.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$3,268.01
- Costs to cover
- 32.551%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago | 3.41 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 9.10 bp | 1781.0 bp −$1,781 | doesn't fit | doesn't fit | doesn't fit |
XCN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XCNUSDT | +0.0100% | 1h | 0.004400 | −0.052% | $9K | $3K | 3x | as long as short |
| Bybit XCNUSDTlong | +0.0100% | 4h | 0.004402 | long leg | $1.0M | $1.5M | 5x | |
| Gate XCN_USDTshort | +0.0100% | 4h | 0.004390 | −0.273% | $347K | $91K | 10x | |
| MEXC XCN_USDT | +0.0100% | 4h | 0.004401 | −0.023% | $2.3M | $163K | 20x | as long as short |
| BingX XCN-USDT | +0.0100% | 4h | 0.004400 | −0.045% | — | $1.6M | — | as long as short |
| Variational Omni XCN | +0.0100% | 4h | 0.004401 | −0.029% | $10K | $511 | — | as long as short |
| Kraken Futures PF_XCNUSD | +0.0151% | 1h | 0.004407 | +0.112% | $2K | $2K | 10x | as long as short |
Aster XCNUSDT
MEXC XCN_USDT
BingX XCN-USDT
Variational Omni XCN
Kraken Futures PF_XCNUSD