Settings8H · net · $10k
Funding arb · Price arb /

GS

RWAall GS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.381%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1411.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.382%+$38 · spread now −0.381%, 7d avg −0.127%
Together, before fees+0.362%+$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.254% cheaper against Bybit than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GSUSDT955.740get 0.0000% / 8h7h 57m$285K$38K25x
ShortGate GS_USDT952.100get 0.0000% / 8h7h 57m$225K$9K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.381% → −0.127%
−$25.42
Slippage, 4 orders
−$114.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$165.99
Costs to cover
1.406%
Break-even
never at this rate
Slippage from Bybit: live order book, 23 min ago; Gate: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 23 min ago15.69 bp56.0 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 34 min ago17.27 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit

GS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GSUSDT0.0000%8h956.27+0.055%$422K$382K20xas long as short
Bybit GSUSDTlong0.0000%8h955.74long leg$285K$38K25x
QFEX GS-USD0.0000%1h955.07−0.070%$1.1M$2.7M10xas long as short
Gate GS_USDTshort0.0000%8h952.10−0.381%$225K$9K20x
Bitget GSUSDT0.0000%8h956.26+0.054%$344K$47K20xas long as short
GRVT GS_USDT_Perp0.0000%8h956.19+0.047%$727$118K10xas long as short
HTX GS-USDT0.0000%8h956.01+0.028%$9K$37K10xas long as short
Injective GS/USDC PERP+0.0220%1h967.67+1.248%$11K$39K12xas long as short
edgeX GSUSDC+0.0395%4h956.37+0.066%$26K$242K10xas long as short