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: Bybit against Gate+0.130%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$4354.350% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.130%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.115% dearer against Gate than usual: you sell high and buy low, +$12 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 | Gate BSP_USDT | 38.450 | 0 | get 0.0000% / 8h | 7h 16m | $251K | $275K | 25x |
| Short | Bybit BSPUSDT | 38.500 | 0 | get 0.0000% / 8h | 7h 16m | $379K | $84K | 25x |
Gate BSP_USDT
Bybit BSPUSDTFunding 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 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: +0.130% → +0.015%
- $11.53
- Slippage, 4 orders
- −$408.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$423.43
- Costs to cover
- 4.350%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; Bybit: 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 Gate live order book, 50 min ago | 10.42 bp | 65.9 bp −$66 | 69.6 bp −$696 | 89.9 bp −$8,995 | doesn't fit |
| Sell Bybit live order book, 48 min ago | 9.11 bp | 151.0 bp −$151 | 227.0 bp −$2,270 | doesn't fit | 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 | 38.420 | −0.078% | $480K | $720K | 10x | as long as short |
| Bybit BSPUSDTshort | 0.0000% | 8h | 38.500 | +0.130% | $379K | $84K | 25x | |
| Gate BSP_USDTlong | 0.0000% | 8h | 38.450 | long leg | $251K | $275K | 25x | |
| Bitget BSPUSDT | 0.0000% | 8h | 38.454 | +0.010% | $100K | $64K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.410 | −0.104% | $6K | $42K | 10x | as long as short |
| KuCoin BSPUSDTM | +0.0280% | 8h | 38.440 | −0.026% | $47K | $148K | 20x | as long as short |
| OKX BSP-USDT-SWAP | +0.0578% | 8h | 38.480 | +0.078% | $154K | $160K | 10x | as long as short |
Binance BSPUSDT
Bitget BSPUSDT
HTX BSP-USDT
KuCoin BSPUSDTM
OKX BSP-USDT-SWAP