Funding you earn now, next payment 08:00 UTC−0.0099%/8h= −10.9% APRnext payment −$0.99 per $10,000 · paid last 24h −0.118%
Price spread now: Gate against Bybit−0.058%7-day average +0.085% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.058%, 7d avg +0.085%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.143% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.085%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ANETUSDT | 207.13 | 0.0099 | pay 0.0099% / 8h | 3h 53m | $80K | $213K | 25x |
| Short | Gate ANET_USDT | 207.01 | 0 | get 0.0000% / 8h | 3h 53m | $170K | $8K | 20x |
Bybit ANETUSDT
Gate ANET_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
- −$20.86
- Price spread: −0.058% → +0.085%
- −$14.29
- 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
- −$61.15
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 47 min ago; Gate: live order book, 57 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, 47 min ago | 8.42 bp | 107.9 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 23.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ANET 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ANETUSDT | 0.0000% | 8h | 206.74 | −0.188% | $138K | $416K | 20x | as long as short |
| Gate ANET_USDTshort | 0.0000% | 8h | 207.01 | −0.058% | $170K | $8K | 20x | |
| Bitget ANETUSDT | 0.0000% | 8h | 206.54 | −0.285% | $81K | $121K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 206.79 | −0.164% | $22K | $34K | 10x | as long as short |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −3.631% | $2K | $32K | 12x | as long as short |
| Bybit ANETUSDTlong | +0.0099% | 8h | 207.13 | long leg | $80K | $213K | 25x | |
| HTX ANET-USDT | +0.0100% | 8h | 207.18 | +0.024% | $3K | $41K | 20x | as long as short |
Binance ANETUSDT
Bitget ANETUSDT
Phemex ANETUSDT
Injective ANET/USDC PERP
HTX ANET-USDT