Settings8H · net · $10k
Funding arb · Price arb /

BAC

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Alert: funding
Alert: spread
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 Bybit+0.052%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$451as in the Funding arb table
Net, price: spread back to 7d avg − costs−$455as in the Price arb table
costs, in and out, $10k−$4584.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.052%, 7d avg +0.019%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BACUSDT58.1400get 0.0000% / 8h2h 20m$176K$240K25x
ShortGate BAC_USDT58.1700get 0.0000% / 8h2h 20m$257K$11K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.052% → +0.019%
$3.22
Slippage, 4 orders
−$432.34
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$455.11
Costs to cover
4.583%
Break-even
never at this rate
Slippage from Bybit: live order book, 10 min ago; Gate: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 10 min ago11.18 bp105.7 bp −$106doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 22 min ago60.10 bp137.0 bp −$137doesn't fitdoesn't fitdoesn't fit

BAC on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BAC/USDC PERP−0.0220%1h52.200−10.217%$4K$24K12xas long as short
Bybit BACUSDTlong0.0000%8h58.140long leg$176K$240K25x
Gate BAC_USDTshort0.0000%8h58.170+0.052%$257K$11K20x
Bitget BACUSDT0.0000%8h58.110−0.052%$357K$95K20xas long as short