Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.042%
Price spread now: Gate against Bybit−0.025%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.025%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.030% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COINUSDT | 202.23 | 0 | get 0.0000% / 8h | 49m 58s | $5.0M | $5.9M | 50x |
| Short | Gate COIN_USDT | 202.18 | 0 | get 0.0000% / 8h | 49m 58s | $1.3M | $7.0M | 50x |
Bybit COINUSDT
Gate COIN_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: −0.025% → +0.006%
- −$3.02
- Slippage, 4 orders
- −$28.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.37
- Costs to cover
- 0.543%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 2.72 bp | 12.9 bp −$13 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.20 bp | 17.2 bp −$17 | 38.9 bp −$389 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.13 | −0.049% | $45K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.14 | −0.042% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.14 | −0.044% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.18 | −0.025% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 202.23 | long leg | $5.0M | $5.9M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.18 | −0.025% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDTshort | 0.0000% | 8h | 202.18 | −0.025% | $1.3M | $7.0M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 202.18 | −0.025% | $840K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.17 | −0.030% | $14K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0003% | 8h | 202.24 | +0.005% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 202.15 | −0.040% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.12 | −0.054% | $434K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.18 | −0.025% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.02 | −0.104% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.12 | −0.054% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.14 | −0.045% | $89 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.05 | −0.089% | $368K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.06 | −0.084% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.08 | −0.074% | $91K | $341K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.14 | −0.045% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.14 | −0.043% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.15 | −0.040% | $155K | $342K | 20x | as long as short |
| Lighter COIN | +0.0216% | 1h | 202.14 | −0.044% | $374K | $2.0M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.29 | +0.030% | $5K | $279K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0316% | 1h | 202.11 | −0.059% | $16.5M | $13.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0431% | 4h | 202.15 | −0.042% | $52K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
tradeXYZ xyz:COIN
edgeX COINUSDC