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: Bybit against Gate−0.135%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$572as in the Funding arb table
Net, price: spread back to 7d avg − costs−$581as in the Price arb table
costs, in and out, $10k−$5725.724% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.135%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.084% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLEX_USDT | 111.15 | 0 | get 0.0000% / 8h | 1h 03m | $176K | $125K | 20x |
| Short | Bybit FLEXUSDT | 111.00 | 0 | get 0.0000% / 8h | 1h 03m | $127K | $185K | 25x |
Gate FLEX_USDT
Bybit FLEXUSDTFunding 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
- $0
- Price spread: −0.135% → −0.051%
- −$8.37
- Slippage, 4 orders
- −$546.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$580.82
- Costs to cover
- 5.724%
- Break-even
- never at this rate
Slippage from Gate: live order book, 32 min ago; Bybit: live order book, 21 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 Gate live order book, 32 min ago | 29.64 bp | 128.4 bp −$128 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 21 min ago | 11.26 bp | 105.1 bp −$105 | 250.5 bp −$2,505 | doesn't fit | doesn't fit |
FLEX on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX FLEX-USD | −0.0006% | 1h | 111.36 | +0.189% | $1.1M | $2.8M | 10x | as long as short |
| Binance FLEXUSDT | 0.0000% | 8h | 111.12 | −0.027% | $295K | $259K | 25x | as long as short |
| Bybit FLEXUSDTshort | 0.0000% | 8h | 111.00 | −0.135% | $127K | $185K | 25x | |
| Gate FLEX_USDTlong | 0.0000% | 8h | 111.15 | long leg | $176K | $125K | 20x | |
| Bitget FLEXUSDT | 0.0000% | 8h | 111.08 | −0.063% | $123K | $63K | 20x | as long as short |
| HTX FLEX-USDT | +0.0100% | 8h | 111.23 | +0.072% | $3K | $12K | 10x | as long as short |
QFEX FLEX-USD
Binance FLEXUSDT
Bitget FLEXUSDT
HTX FLEX-USDT