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: Bybit against Gate−0.053%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3233.229% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.053%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.105% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GDX_USDT | 94.530 | 0 | get 0.0000% / 8h | 4h 27m | $168K | $150K | 20x |
| Short | Bybit GDXUSDT | 94.480 | 0 | get 0.0000% / 8h | 4h 27m | $242K | $41K | 25x |
Gate GDX_USDT
Bybit GDXUSDTFunding 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: −0.053% → +0.052%
- −$10.48
- Slippage, 4 orders
- −$296.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$333.38
- Costs to cover
- 3.229%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Bybit: live order book, 13 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, 24 min ago | 13.26 bp | 90.1 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 13 min ago | 8.48 bp | 80.8 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GDXUSDT | 0.0000% | 8h | 94.560 | +0.032% | $423K | $261K | 20x | as long as short |
| Bybit GDXUSDTshort | 0.0000% | 8h | 94.480 | −0.053% | $242K | $41K | 25x | |
| Gate GDX_USDTlong | 0.0000% | 8h | 94.530 | long leg | $168K | $150K | 20x | |
| MEXC GDX_USDT | 0.0000% | 8h | 94.520 | −0.011% | $845K | $88K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.270 | −0.275% | $282K | $349K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.540 | +0.011% | $8K | $321K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.230 | −0.317% | — | — | 25x | as long as short |
| edgeX GDXUSDC | +0.0249% | 4h | 94.521 | −0.010% | $96K | $226K | 10x | as long as short |
Binance GDXUSDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP
edgeX GDXUSDC