Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.330700.0000% / 8h4h 10m$239K$5K100xLong Gate
SHORT1.3290L +0.0045S +0.0041pay 0.0005% / 1h10m 52s$6.3M—500xShort Avantis
Price gap−0.129%
Funding gap−0.0041% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 6.0 days. At the last 7 days' pace that is about 2.8 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$19−0.0041% /8h now · paid −0.188% over the last 7D
Price+$7spread −0.129% now, avg −0.204% → +0.075% if it goes back
Costsno datano order book for Avantis
Result, before costs−$11−0.11%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.129%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

GBP on 14 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$100 + $20
    Gate 100x, Avantis 500x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.24Long Gate: 3 payments, $0.00; short Avantis: 24 payments, −$1.24.
  • OK: Entry gap works for you−0.129% vs −0.204%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$239K vs $6.3M OI
    Gate sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCGate Yes · Avantis No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0089%/8h × 21 periods−$18.78
Price spread−0.129% → −0.204% (7d avg)+$7.47
Slippage, 4 ordersno data for Avantis—
Fee Gate bp × 2 orders−$15.00
Fee Avantis bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$30.31
Costs to cover0.190%Break-evennever at this rate
Slippage: Gate: live order book, 60 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate1.5080.0 bp−$80207.4 bp−$2,074doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

GBP news

posts that mention GBP or British pound, from every exchangeSearch all news →
09-21 11:50BybitOtherDon't miss the next big moves for @Bybit_Learn's "3 Assets to Watch"! ICYMI: Last week, GBPUSD and USDJPY perfectly respected @Bybit_Learn's targets. Catch up here: #Bybit @Bybit_Official on X ↗
09-17 14:52BybitOtherJust as forecasted, GBPUSD perfectly respects @Bybit_Learn's downside target after the Fed rate hike! 1 down, 2 more to go. Revisit the original trade setups for this week's "3 Assets to Watch": @Bybit_Official on X ↗