Funding you earn now, next payment 08:00 UTC+0.0156%/8h= +17.1% APRnext payment +$1.56 per $10,000 · paid last 24h −0.021%
Price spread now: Gate against Bitget−0.308%7-day average −0.206% · you buy dearer than you sell
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$405as in the Price arb table
costs, in and out, $10k−$3943.944% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.308%, 7d avg −0.206%
=Funding pays, the price is against you. Gate is 0.102% cheaper against Bitget than usual: you would sell low and buy high (spread −0.308% now, against its 7-day average of −0.206%). If the spread goes back, that is −$10 on $10k: about 2.2 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BOTUSDT | 29.250 | −0.0156 | get 0.0156% / 8h | 1h 04m | $243K | $130K | 5x |
| Short | Gate BOT_USDT | 29.160 | 0 | get 0.0000% / 8h | 1h 04m | $250K | $233K | 20x |
Bitget BOTUSDT
Gate BOT_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
- $32.76
- Price spread: −0.308% → −0.206%
- −$10.16
- Slippage, 4 orders
- −$367.41
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$371.81
- Costs to cover
- 3.944%
- Break-even
- 86.4 days
Slippage from Bitget: live order book, 31 min ago; Gate: live order book, 33 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, 31 min ago | 15.42 bp | 41.0 bp −$41 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell Gate live order book, 33 min ago | 27.42 bp | 144.7 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1556% | 8h | 29.140 | −0.376% | $232K | $223K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.1516% | 1h | 29.112 | −0.472% | $3.1M | $792K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.0589% | 8h | 29.140 | −0.376% | $93K | $389K | 20x | as long as short |
| Binance BOTUSDT | −0.0533% | 8h | 29.155 | −0.325% | $453K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0449% | 8h | 29.150 | −0.341% | $31K | $14K | — | as long as short |
| Bitget BOTUSDTlong | −0.0156% | 8h | 29.250 | long leg | $243K | $130K | 5x | |
| QFEX BOT-USD | −0.0080% | 1h | 29.210 | −0.137% | $1.1M | $484K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.100 | −0.513% | $515K | $577K | 25x | as long as short |
| Gate BOT_USDTshort | 0.0000% | 8h | 29.160 | −0.308% | $250K | $233K | 20x | |
| Lighter BOT | +0.0032% | 1h | 29.330 | +0.274% | $67K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.100 | −0.513% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.184 | −0.226% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT