Funding you earn now, next payment 06:00 UTC−0.0487%/8h= −53.3% APRpaid last 24h −0.078%
Price spread now: Gate against Deribit−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.033% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BE_USDC-PERPETUAL | 271.59 | 0.0487 | pay 0.0061% / 1h | 21m 17s | $6K | $4K | 10x |
| Short | Gate BE_USDT | 271.50 | 0 | get 0.0000% / 8h | 2h 21m | $1.4M | $3.3M | 50x |
Deribit BE_USDC-PERPETUAL
Gate BE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Deribit. 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
- −$102.26
- Price spread: −0.033% → 0.000%
- −$3.31
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$127.57
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 2 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 3.69 bp | 24.3 bp −$24 | 50.6 bp −$506 | 78.6 bp −$7,864 | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0132% | 8h | 271.63 | +0.015% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 272.01 | +0.153% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.57 | −0.006% | $46K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.75 | +0.059% | $8.2M | $37.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.70 | +0.041% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDTshort | 0.0000% | 8h | 271.50 | −0.033% | $1.4M | $3.3M | 50x | |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.10 | −0.180% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.56 | −0.011% | $961 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.54 | −0.018% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0006% | 8h | 271.61 | +0.007% | $2.0M | $1.1M | 25x | as long as short |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 271.58 | −0.004% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.40 | −0.070% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.51 | −0.029% | $242K | $299K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 270.94 | −0.239% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.43 | −0.059% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.42 | −0.063% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.368% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.48 | −0.041% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.61 | +0.009% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.11 | −0.177% | $45K | $145K | 20x | as long as short |
| Deribit BE_USDC-PERPETUALlong | +0.0487% | 1h | 271.59 | long leg | $6K | $4K | 10x |
QFEX BE-USD
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT