Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.043%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2332.335% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.043%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.062% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GDXUSDT | 94.110 | 0 | get 0.0000% / 8h | 1h 59m | $274K | $367K | 20x |
| Short | Gate GDX_USDT | 94.070 | 0 | get 0.0000% / 8h | 1h 59m | $168K | $145K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.043% → +0.019%
- −$6.18
- Slippage, 4 orders
- −$206.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$239.64
- Costs to cover
- 2.335%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 40 min ago; Gate: live order book, 41 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 Bitget live order book, 40 min ago | 9.54 bp | 17.2 bp −$17 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 12.20 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
GDX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GDXUSDC | −0.0250% | 4h | 94.123 | +0.013% | $96K | $226K | 10x | as long as short |
| Binance GDXUSDT | 0.0000% | 8h | 94.090 | −0.021% | $424K | $264K | 20x | as long as short |
| Bybit GDXUSDT | 0.0000% | 8h | 93.990 | −0.128% | $248K | $47K | 25x | as long as short |
| Gate GDX_USDTshort | 0.0000% | 8h | 94.070 | −0.043% | $168K | $145K | 20x | |
| MEXC GDX_USDT | 0.0000% | 8h | 94.090 | −0.021% | $841K | $89K | 20x | as long as short |
| Bitget GDXUSDTlong | 0.0000% | 8h | 94.110 | long leg | $274K | $367K | 20x | |
| HTX GDX-USDT | 0.0000% | 8h | 94.130 | +0.021% | $8K | $320K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 93.910 | −0.213% | — | — | 25x | as long as short |
Bitget GDXUSDT
Gate GDX_USDT
edgeX GDXUSDC
Binance GDXUSDT
Bybit GDXUSDT
MEXC GDX_USDT
HTX GDX-USDT