Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Bybit against Gate−0.252%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3693.686% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.252%, 7d avg −0.117%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.135% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.117%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate YFI_USDT | 2,300.8 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $295K | $144K | 50x |
| Short | Bybit YFIUSDT | 2,295 | 0.0100 | get 0.0100% / 8h | 1h 49m | $989K | $244K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.252% → −0.117%
- −$13.47
- Slippage, 4 orders
- −$342.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$382.07
- Costs to cover
- 3.686%
- Break-even
- never at this rate
Slippage from Gate: live order book, 27 min ago; Bybit: live order book, 31 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, 27 min ago | 6.92 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 4.33 bp | 48.4 bp −$48 | 257.0 bp −$2,570 | doesn't fit | doesn't fit |
YFI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSD | −0.0429% | 1h | 2,298.5 | −0.100% | $47K | $7K | 10x | as long as short |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −4.794% | $2K | $28K | 5.5x | as long as short |
| BloFin YFI-USDT | +0.0086% | 8h | 2,300 | −0.035% | $119K | $36K | 75x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,297 | −0.165% | $2K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,295.5 | −0.230% | $2.2M | $2.9M | 75x | as long as short |
| Bybit YFIUSDTshort | +0.0100% | 8h | 2,295 | −0.252% | $989K | $244K | 25x | |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,295 | −0.252% | $617K | $801K | 20x | as long as short |
| Gate YFI_USDTlong | +0.0100% | 8h | 2,300.8 | long leg | $295K | $144K | 50x | |
| MEXC YFI_USDT | +0.0100% | 8h | 2,296 | −0.209% | $694K | $253K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,295.6 | −0.226% | $388K | $85K | 30x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX YFI-USDT | +0.0100% | 8h | 2,297 | −0.165% | — | $11.7M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,294.3 | −0.282% | $9K | $1K | — | as long as short |
Gate YFI_USDT
Bybit YFIUSDT
Kraken Futures PF_YFIUSD
Injective YFI/USDC PERP
BloFin YFI-USDT
Aster YFIUSDT
Binance YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFI