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

FLEX

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.154%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3653.652% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.154%, 7d avg −0.038%
Together, before fees+0.080%+$8 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: Bitget is 0.117% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FLEX_USDT110.210get 0.0000% / 8h7h 23m$174K$120K20x
ShortBitget FLEXUSDT110.040get 0.0000% / 8h7h 23m$131K$70K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: −0.154% → −0.038%
−$11.67
Slippage, 4 orders
−$338.23
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$376.9
Costs to cover
3.652%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 53 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 Gate live order book, 3 min ago20.86 bp119.1 bp −$119doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 53 min ago8.58 bp39.2 bp −$3966.3 bp −$663doesn'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
QFEX FLEX-USD−0.0160%1h109.98−0.209%$1.1M$3.0M10xas long as short
Binance FLEXUSDT0.0000%8h110.17−0.035%$299K$270K25xas long as short
Bybit FLEXUSDT0.0000%8h109.91−0.272%$127K$67K25xas long as short
Gate FLEX_USDTlong0.0000%8h110.21long leg$174K$120K20x
Bitget FLEXUSDTshort0.0000%8h110.04−0.154%$131K$70K20x
HTX FLEX-USDT+0.0100%8h110.210.000%$3K$12K10xas long as short