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 Bybit−0.156%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$481as in the Funding arb table
Net, price: spread back to 7d avg − costs−$487as in the Price arb table
costs, in and out, $10k−$4734.730% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.156%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.141% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BSPUSDT | 38.510 | 0 | get 0.0000% / 8h | 2h 19m | $379K | $81K | 25x |
| Short | Gate BSP_USDT | 38.450 | 0 | get 0.0000% / 8h | 2h 19m | $251K | $260K | 25x |
Bybit BSPUSDT
Gate BSP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −0.156% → −0.015%
- −$14.07
- Slippage, 4 orders
- −$447.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$487.11
- Costs to cover
- 4.730%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 20 min ago; Gate: live order book, 23 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 Bybit live order book, 20 min ago | 11.70 bp | 172.8 bp −$173 | 232.6 bp −$2,326 | doesn't fit | doesn't fit |
| Sell Gate live order book, 23 min ago | 10.40 bp | 76.2 bp −$76 | 77.5 bp −$775 | 98.1 bp −$9,806 | 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 | 38.425 | −0.221% | $479K | $691K | 10x | as long as short |
| Bybit BSPUSDTlong | 0.0000% | 8h | 38.510 | long leg | $379K | $81K | 25x | |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.420 | −0.234% | $153K | $159K | 10x | as long as short |
| Gate BSP_USDTshort | 0.0000% | 8h | 38.450 | −0.156% | $251K | $260K | 25x | |
| Bitget BSPUSDT | 0.0000% | 8h | 38.456 | −0.140% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.530 | +0.052% | $48K | $160K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.280 | −0.597% | $6K | $42K | 10x | as long as short |
Binance BSPUSDT
OKX BSP-USDT-SWAP
Bitget BSPUSDT
KuCoin BSPUSDTM
HTX BSP-USDT