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

BSP

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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 Bitget−0.101%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$491as in the Price arb table
costs, in and out, $10k−$4884.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.101%, 7d avg −0.068%
Together, before fees−0.119%−$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: Gate is 0.033% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BSPUSDT38.5290get 0.0000% / 8h4h 03m$100K$64K20x
ShortGate BSP_USDT38.4900get 0.0000% / 8h4h 03m$251K$268K25x

Funding 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 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: −0.101% → −0.068%
−$3.27
Slippage, 4 orders
−$460.79
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$491.06
Costs to cover
4.878%
Break-even
never at this rate
Slippage from Bitget: live order book, 37 min ago; Gate: live order book, 48 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 Bitget live order book, 37 min ago14.94 bp290.8 bp −$291345.8 bp −$3,458509.0 bp −$50.9Kdoesn't fit
Sell Gate live order book, 48 min ago10.38 bp76.9 bp −$7777.5 bp −$77598.0 bp −$9,796doesn't fit

BSP on 7 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
Binance BSPUSDT0.0000%8h38.480−0.127%$480K$690K10xas long as short
Bybit BSPUSDT0.0000%8h38.500−0.075%$379K$81K25xas long as short
OKX BSP-USDT-SWAP0.0000%8h38.500−0.075%$154K$160K10xas long as short
Gate BSP_USDTshort0.0000%8h38.490−0.101%$251K$268K25x
Bitget BSPUSDTlong0.0000%8h38.529long leg$100K$64K20x
KuCoin BSPUSDTM+0.0100%8h38.580+0.132%$47K$156K20xas long as short
HTX BSP-USDT+0.0100%8h38.480−0.127%$6K$41K10xas long as short