Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.008%
Price spread now: Gate against Bybit+0.379%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.379% dearer against Bybit than usual: you sell high and buy low (spread +0.379% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BYDUSDT | 10.300 | 0.0156 | pay 0.0156% / 8h | 1h 34m | $78K | $13K | 25x |
| Short | Gate BYD_USDT | 10.339 | 0.0062 | get 0.0062% / 8h | 1h 34m | $155K | $55K | 20x |
Bybit BYDUSDT
Gate BYD_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
- −$19.7
- Price spread: +0.379% → 0.000%
- $37.86
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$7.84
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: Bybit: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 19.36 bp | 163.7 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BYD on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BYD-USDT | 0.0000% | 4h | 10.280 | −0.194% | — | $2.1M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.290 | −0.097% | $9K | $265K | 20x | as long as short |
| Gate BYD_USDTshort | +0.0062% | 8h | 10.339 | +0.379% | $155K | $55K | 20x | |
| Bybit BYDUSDTlong | +0.0156% | 8h | 10.300 | long leg | $78K | $13K | 25x | |
| KuCoin BYDUSDTM | +0.0159% | 8h | 10.314 | +0.136% | $13K | $1.7M | 20x | as long as short |
| edgeX BYDUSDC | +0.0640% | 4h | 10.281 | −0.187% | $42K | $430K | 10x | as long as short |
| Bitget BYDUSDT | +0.1655% | 8h | 10.286 | −0.136% | $145K | $245K | 20x | as long as short |
| Binance BYDUSDT | +0.1948% | 4h | 10.285 | −0.144% | $1.5M | $901K | 20x | as long as short |
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
edgeX BYDUSDC
Bitget BYDUSDT
Binance BYDUSDT