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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BSPUSDT | 38.529 | 0 | get 0.0000% / 8h | 4h 03m | $100K | $64K | 20x |
| Short | Gate BSP_USDT | 38.490 | 0 | get 0.0000% / 8h | 4h 03m | $251K | $268K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 37 min ago | 14.94 bp | 290.8 bp −$291 | 345.8 bp −$3,458 | 509.0 bp −$50.9K | doesn't fit |
| Sell Gate live order book, 48 min ago | 10.38 bp | 76.9 bp −$77 | 77.5 bp −$775 | 98.0 bp −$9,796 | doesn't fit |
BSP on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDT | 0.0000% | 8h | 38.480 | −0.127% | $480K | $690K | 10x | as long as short |
| Bybit BSPUSDT | 0.0000% | 8h | 38.500 | −0.075% | $379K | $81K | 25x | as long as short |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.500 | −0.075% | $154K | $160K | 10x | as long as short |
| Gate BSP_USDTshort | 0.0000% | 8h | 38.490 | −0.101% | $251K | $268K | 25x | |
| Bitget BSPUSDTlong | 0.0000% | 8h | 38.529 | long leg | $100K | $64K | 20x | |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.580 | +0.132% | $47K | $156K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.480 | −0.127% | $6K | $41K | 10x | as long as short |
Bitget BSPUSDT
Gate BSP_USDT
Binance BSPUSDT
Bybit BSPUSDT
OKX BSP-USDT-SWAP
KuCoin BSPUSDTM
HTX BSP-USDT