Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Bybit+0.157%7-day average +0.327% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.157%, 7d avg +0.327%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.169% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.327%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XNYUSDT | 0.006354 | 0.0261 | pay 0.0131% / 4h | 3m 22s | $444K | $32K | 5x |
| Short | Gate XNY_USDT | 0.006364 | 0.0240 | get 0.0120% / 4h | 3m 22s | $212K | $15K | 10x |
Bybit XNYUSDT
Gate XNY_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
- −$4.46
- Price spread: +0.157% → +0.327%
- −$16.92
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$47.37
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 46 min ago; Gate: live order book, 48 min ago. Net counts fees only.
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, 46 min ago | 4.75 bp | 2208.1 bp −$2,208 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 10.30 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XNY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006335 | −0.299% | $290K | $13K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006349 | −0.080% | $53K | $1K | — | as long as short |
| Gate XNY_USDTshort | +0.0240% | 4h | 0.006364 | +0.157% | $212K | $15K | 10x | |
| Bybit XNYUSDTlong | +0.0261% | 4h | 0.006354 | long leg | $444K | $32K | 5x | |
| Aster XNYUSDT | +0.1150% | 4h | 0.006407 | +0.839% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDT | +0.1184% | 4h | 0.006345 | −0.142% | — | $1.3M | — | as long as short |
| Binance XNYUSDT | +0.1258% | 4h | 0.006347 | −0.110% | $3.7M | $994K | 10x | as long as short |
| BloFin XNY-USDT | +0.1263% | 4h | 0.006349 | −0.079% | $225K | $6K | 10x | as long as short |
| MEXC XNY_USDT | +0.1268% | 4h | 0.006346 | −0.126% | $171K | $96K | 100x | as long as short |
KuCoin XNYUSDTM
Variational Omni XNY
Aster XNYUSDT
BingX XNY-USDT
Binance XNYUSDT
BloFin XNY-USDT
MEXC XNY_USDT