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 Bybit−0.011%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3473.466% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.011%, 7d avg −0.051%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.040% dearer against Bybit than usual: you sell high and buy low, +$4 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 | Bybit GDXUSDT | 94.250 | 0 | get 0.0000% / 8h | 3h 30m | $241K | $39K | 25x |
| Short | Gate GDX_USDT | 94.240 | 0 | get 0.0000% / 8h | 3h 30m | $168K | $146K | 20x |
Bybit GDXUSDT
Gate GDX_USDTFunding 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 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: −0.011% → −0.051%
- $4
- Slippage, 4 orders
- −$320.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$342.63
- Costs to cover
- 3.466%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 15 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 Bybit live order book, 4 min ago | 8.49 bp | 94.1 bp −$94 | 378.9 bp −$3,789 | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 10.62 bp | 55.3 bp −$55 | 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 | −0.0468% | 4h | 94.247 | −0.004% | $96K | $226K | 10x | as long as short |
| Binance GDXUSDT | 0.0000% | 8h | 94.237 | −0.014% | $421K | $261K | 20x | as long as short |
| Bybit GDXUSDTlong | 0.0000% | 8h | 94.250 | long leg | $241K | $39K | 25x | |
| Gate GDX_USDTshort | 0.0000% | 8h | 94.240 | −0.011% | $168K | $146K | 20x | |
| MEXC GDX_USDT | 0.0000% | 8h | 94.230 | −0.021% | $843K | $88K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.300 | +0.053% | $282K | $338K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.260 | +0.011% | $8K | $320K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.290 | +0.042% | — | — | 25x | as long as short |
edgeX GDXUSDC
Binance GDXUSDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP