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

BOT

RWAall BOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.102%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$467as in the Funding arb table
Net, price: spread back to 7d avg − costs−$483as in the Price arb table
costs, in and out, $10k−$4874.869% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.202%+$20 on $10k
Price spread, last 4 days (all we have)−0.319%−$32 · spread now −0.102%, 7d avg −0.141%
Together, before fees−0.117%−$12 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: Bybit is 0.039% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BOT_USDT29.4600get 0.0000% / 8h1h 17m$252K$245K20x
ShortBybit BOTUSDT29.4300get 0.0000% / 8h1h 17m$511K$314K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.102% → −0.141%
$3.94
Slippage, 4 orders
−$460.94
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$483
Costs to cover
4.869%
Break-even
never at this rate
Slippage from Gate: live order book, 59 min ago; Bybit: live order book, 57 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 Gate live order book, 59 min ago45.77 bp146.5 bp −$146doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 57 min ago5.08 bp97.5 bp −$97218.2 bp −$2,182doesn't fitdoesn't fit

BOT on 12 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
Arcus BOT-USD−0.0974%1h29.390−0.238%$744$5K5xas long as short
tradeXYZ xyz:BOT−0.0159%1h29.421−0.132%$3.1M$826K10xas long as short
KuCoin BOTUSDTM−0.0097%8h29.420−0.136%$96K$330K20xas long as short
QFEX BOT-USD−0.0048%1h29.430−0.102%$1.2M$522K10xas long as short
Binance BOTUSDT−0.0009%8h29.409−0.172%$455K$1.2M10xas long as short
Bybit BOTUSDTshort0.0000%8h29.430−0.102%$511K$314K25x
OKX BOT-USDT-SWAP0.0000%8h29.400−0.204%$237K$220K20xas long as short
Gate BOT_USDTlong0.0000%8h29.460long leg$252K$245K20x
Bitget BOTUSDT0.0000%8h29.440−0.068%$252K$145K5xas long as short
Variational Omni BOT0.0000%8h29.426−0.114%$31K$19Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BOT+0.0032%1h29.493+0.112%$68K$14K3xas long as short
HTX BOT-USDT+0.0100%8h29.421−0.132%$3K$34K10xas long as short