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: Bitget against Gate+0.082%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2562.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.082%, 7d avg +0.140%
Together, before fees−0.068%−$7 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: Bitget is 0.058% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GS_USDT952.600get 0.0000% / 8h7h 23m$225K$10K20x
ShortBitget GSUSDT953.380get 0.0000% / 8h7h 23m$345K$49K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.082% → +0.140%
−$5.79
Slippage, 4 orders
−$228.73
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$261.53
Costs to cover
2.557%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 2 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 Gate live order book, 3 min ago0.52 bp167.8 bp −$168doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago22.19 bp35.1 bp −$3561.7 bp −$617doesn'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%8h954.82+0.233%$423K$396K20xas long as short
Bybit GSUSDT0.0000%8h954.32+0.181%$285K$38K25xas long as short
QFEX GS-USD0.0000%1h953.14+0.057%$1.2M$2.8M10xas long as short
Gate GS_USDTlong0.0000%8h952.60long leg$225K$10K20x
Bitget GSUSDTshort0.0000%8h953.38+0.082%$345K$49K20x
HTX GS-USDT0.0000%8h955.57+0.312%$9K$37K10xas long as short
Injective GS/USDC PERP+0.0220%1h967.67+1.582%$11K$39K12xas long as short
edgeX GSUSDC+0.0457%4h955.01+0.253%$26K$243K10xas long as short
GRVT GS_USDT_Perp+0.0947%8h955.52+0.307%$392$115K10xas long as short