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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GSUSDT | 955.74 | 0 | get 0.0000% / 8h | 7h 57m | $285K | $38K | 25x |
| Short | Gate GS_USDT | 952.10 | 0 | get 0.0000% / 8h | 7h 57m | $225K | $9K | 20x |
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 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: −0.381% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 23 min ago | 15.69 bp | 56.0 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 17.27 bp | 27.7 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
GS on 9 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 GSUSDT | 0.0000% | 8h | 956.27 | +0.055% | $422K | $382K | 20x | as long as short |
| Bybit GSUSDTlong | 0.0000% | 8h | 955.74 | long leg | $285K | $38K | 25x | |
| QFEX GS-USD | 0.0000% | 1h | 955.07 | −0.070% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDTshort | 0.0000% | 8h | 952.10 | −0.381% | $225K | $9K | 20x | |
| Bitget GSUSDT | 0.0000% | 8h | 956.26 | +0.054% | $344K | $47K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 956.19 | +0.047% | $727 | $118K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 956.01 | +0.028% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 967.67 | +1.248% | $11K | $39K | 12x | as long as short |
| edgeX GSUSDC | +0.0395% | 4h | 956.37 | +0.066% | $26K | $242K | 10x | as long as short |
Bybit GSUSDT
Gate GS_USDT
Binance GSUSDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP
edgeX GSUSDC