Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.086%7-day average +0.274% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3053.051% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.560%+$56 · spread now −0.086%, 7d avg +0.274%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.360% cheaper against Bitget than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.274%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BACUSDT | 58.010 | 0 | get 0.0000% / 8h | 7h 18m | $355K | $93K | 20x |
| Short | Gate BAC_USDT | 57.960 | 0 | get 0.0000% / 8h | 7h 18m | $256K | $12K | 20x |
Bitget BACUSDT
Gate BAC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.086% → +0.274%
- −$36.01
- Slippage, 4 orders
- −$278.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$341.1
- Costs to cover
- 3.051%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 47 min ago; Gate: live order book, 49 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 Bitget live order book, 47 min ago | 9.49 bp | 77.4 bp −$77 | 88.3 bp −$883 | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 34.44 bp | 117.2 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
BAC on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BAC/USDC PERP | −0.0220% | 1h | 52.180 | −10.050% | $4K | $24K | 12x | as long as short |
| Bybit BACUSDT | 0.0000% | 8h | 57.980 | −0.052% | $172K | $235K | 25x | as long as short |
| Gate BAC_USDTshort | 0.0000% | 8h | 57.960 | −0.086% | $256K | $12K | 20x | |
| Bitget BACUSDTlong | 0.0000% | 8h | 58.010 | long leg | $355K | $93K | 20x |
Injective BAC/USDC PERP
Bybit BACUSDT