Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.7% APRnext payment −$2.80 per $10,000 · paid last 24h −0.085%
Price spread now: Bitget against Gate+0.076%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now +0.076%, 7d avg +0.010%
=The price spread pays, funding is against you. Bitget is 0.066% dearer against Gate than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.010%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.028% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AMAT_USDT | 459.30 | −0.0156 | get 0.0156% / 8h | 0m 57s | $1.5M | $6.1M | 50x |
| Short | Bitget AMATUSDT | 459.65 | −0.0436 | pay 0.0436% / 8h | 0m 57s | $1.9M | $1.8M | 20x |
Funding 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
- −$58.8
- Price spread: +0.076% → +0.010%
- $6.59
- Slippage, 4 orders
- −$35.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.28
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 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, 2 min ago | 3.27 bp | 15.3 bp −$15 | 190.4 bp −$1,904 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.94 bp | 19.1 bp −$19 | 267.9 bp −$2,679 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDTshort | −0.0436% | 8h | 459.65 | +0.076% | $1.9M | $1.8M | 20x | |
| Gate AMAT_USDTlong | −0.0156% | 8h | 459.30 | long leg | $1.5M | $6.1M | 50x | |
| tradeXYZ xyz:AMAT | −0.0040% | 1h | 458.89 | −0.089% | $2.1M | $2.6M | 10x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 459.50 | +0.044% | $10K | $10K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 458.98 | −0.070% | $1K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 459.20 | −0.022% | $8.4M | $14.2M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 459.21 | −0.020% | $821K | $706K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 459.77 | +0.102% | $1.3M | $1.6M | 20x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 459.04 | −0.056% | $60K | $47K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 459.26 | −0.009% | $197 | $112K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AMAT-USDT | +0.0021% | 8h | 459.38 | +0.017% | $107K | $121K | 20x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 459.32 | +0.004% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 458.59 | −0.155% | $396K | $570K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 459.36 | +0.013% | $942 | $379K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 460.20 | +0.196% | $167K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0174% | 1h | 459.49 | +0.041% | $18K | $114K | 10x | as long as short |
Gate AMAT_USDT
Bitget AMATUSDT
tradeXYZ xyz:AMAT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT