Settings8H · net · $10k
Funding arb · Price arb /

FLEX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against Bybit+0.134%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$522as in the Price arb table
costs, in and out, $10k−$5305.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.134%, 7d avg +0.048%
Together, before fees+0.095%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.086% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLEXUSDT112.250get 0.0000% / 8h4h 03m$127K$248K25x
ShortGate FLEX_USDT112.400get 0.0000% / 8h4h 03m$186K$128K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.134% → +0.048%
$8.57
Slippage, 4 orders
−$504.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$521.61
Costs to cover
5.302%
Break-even
never at this rate
Slippage from Bybit: live order book, 42 min ago; Gate: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 42 min ago12.48 bp114.6 bp −$115234.7 bp −$2,347doesn't fitdoesn't fit
Sell Gate live order book, 47 min ago20.49 bp165.4 bp −$165doesn't fitdoesn't fitdoesn't fit

FLEX on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FLEXUSDTlong0.0000%8h112.25long leg$127K$248K25x
Gate FLEX_USDTshort0.0000%8h112.40+0.134%$186K$128K20x
Bitget FLEXUSDT0.0000%8h112.26+0.009%$89K$12K20xas long as short
Binance FLEXUSDT+0.0022%8h112.36+0.098%$306K$192K25xas long as short
QFEX FLEX-USD+0.0080%1h112.20−0.045%$1.1M$2.5M10xas long as short
HTX FLEX-USDT+0.0100%8h112.24−0.009%$4K$12K10xas long as short