Funding you earn now, next payment 08:00 UTC+0.0217%/8h= +23.8% APRnext payment +$2.17 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against Gate−0.526%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bybit is 0.526% cheaper against Gate than usual: you would sell low and buy high (spread −0.526% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 8.1 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BYD_USDT | 10.455 | 0.0099 | pay 0.0099% / 8h | 3h 59m | $156K | $53K | 20x |
| Short | Bybit BYDUSDT | 10.400 | 0.0316 | get 0.0316% / 8h | 3h 59m | $78K | $12K | 25x |
Gate BYD_USDT
Bybit BYDUSDTFunding 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
- $45.59
- Price spread: −0.526% → 0.000%
- −$52.61
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.01
- Costs to cover
- 0.260%
- Break-even
- 12.1 days
Slippage unknown: Gate: live order book, 51 min ago; Bybit: no order-book sample. 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 Gate live order book, 51 min ago | 11.42 bp | 110.7 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
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 | 10.390 | −0.622% | — | $2.2M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.400 | −0.526% | $9K | $267K | 20x | as long as short |
| Gate BYD_USDTlong | +0.0099% | 8h | 10.455 | long leg | $156K | $53K | 20x | |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.421 | −0.325% | $13K | $1.7M | 20x | as long as short |
| Bybit BYDUSDTshort | +0.0316% | 8h | 10.400 | −0.526% | $78K | $12K | 25x | |
| edgeX BYDUSDC | +0.0679% | 4h | 10.394 | −0.584% | $43K | $432K | 10x | as long as short |
| Bitget BYDUSDT | +0.0851% | 8h | 10.390 | −0.622% | $153K | $231K | 20x | as long as short |
| Binance BYDUSDT | +0.1495% | 4h | 10.396 | −0.565% | $1.4M | $883K | 20x | as long as short |
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
edgeX BYDUSDC
Bitget BYDUSDT
Binance BYDUSDT