BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0109%/8h= −12.0% APRnext payment −$1.09 per $10,000 · paid last 24h +0.041%

Price spread now: Gate against Bybit−0.105%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$740.745% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 7 days+0.178%+$18 · spread now −0.105%, 7d avg −0.035%

Together, before fees+0.221%+$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.070% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BEUSDT	274.89	0.0109	pay 0.0109% / 8h	4h 01m	$2.0M	$1.2M	25x
Short	Gate BE_USDT	274.60	0	get 0.0000% / 8h	4h 01m	$1.5M	$3.4M	50x

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

Position, each leg$Hold fordaysFee BybitbpFee GatebpOrdersPrice spread, now −0.105%Rate

Funding earned: −$22.96
Price spread: −0.105% → −0.035%: −$7
Slippage, 4 orders: −$48.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$104.45
Costs to cover: 0.745%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Gate: 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 Bybit live order book, 5 min ago	2.54 bp	16.0 bp −$16	134.2 bp −$1,342	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.64 bp	23.3 bp −$23	48.2 bp −$482	75.7 bp −$7,567	doesn't fit

BE on 21 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
Aster BEUSDT	0.0000%	8h	274.63	−0.096%	$346K	$119K	20x	as long as short
Gate BE_USDTshort	0.0000%	8h	274.60	−0.105%	$1.5M	$3.4M	50x
Bitget BEUSDT	0.0000%	8h	274.88	−0.004%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.55	+0.239%	$6K	$162K	10x	as long as short
SunX BE-USDT	0.0000%	8h	275.30	+0.149%	$969	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.30	+0.149%	$13K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	274.48	−0.149%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.71	−0.065%	$251K	$291K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0040%	1h	273.08	−0.658%	$473K	$128K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.03	+0.051%	$115K	$109K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERP	+0.0046%	1h	274.90	+0.004%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.76	−0.047%	$5.9M	$2.6M	10x	as long as short
QFEX BE-USD	+0.0052%	1h	274.79	−0.036%	$1.3M	$2.7M	10x	as long as short
Binance BEUSDT	+0.0054%	8h	274.83	−0.020%	$8.5M	$36.4M	25x	as long as short
Extended BE-USD	+0.0056%	1h	274.76	−0.047%	$46K	$260K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.81	−0.029%	$371K	$20K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.79	−0.036%	—	—	10x	as long as short
Bybit BEUSDTlong	+0.0109%	8h	274.89	long leg	$2.0M	$1.2M	25x
OKX BE-USDT-SWAP	+0.0153%	8h	274.88	−0.004%	$2.7M	$6.8M	25x	as long as short
BloFin BE-USDT	+0.0175%	8h	275.22	+0.120%	$45K	$141K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0479%	1h	274.71	−0.065%	$7K	$4K	10x	as long as short