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+0.037%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3613.611% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.037%, 7d avg +0.131%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.094% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GS_USDT | 957.20 | 0 | get 0.0000% / 8h | 2h 59m | $226K | $8K | 20x |
| Short | Bybit GSUSDT | 957.55 | 0 | get 0.0000% / 8h | 2h 59m | $285K | $42K | 25x |
Funding 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: +0.037% → +0.131%
- −$9.42
- Slippage, 4 orders
- −$335.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$370.52
- Costs to cover
- 3.611%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 min ago; Bybit: live order book, 41 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, 47 min ago | 10.98 bp | 166.4 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 41 min ago | 12.95 bp | 63.9 bp −$64 | 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 | 957.96 | +0.079% | $429K | $376K | 20x | as long as short |
| Bybit GSUSDTshort | 0.0000% | 8h | 957.55 | +0.037% | $285K | $42K | 25x | |
| QFEX GS-USD | 0.0000% | 1h | 957.67 | +0.049% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDTlong | 0.0000% | 8h | 957.20 | long leg | $226K | $8K | 20x | |
| Bitget GSUSDT | 0.0000% | 8h | 958.02 | +0.086% | $353K | $37K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.44 | +0.025% | — | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 958.68 | +0.155% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 988.81 | +3.302% | $11K | $39K | 12x | as long as short |
| edgeX GSUSDC | +0.0780% | 4h | 957.77 | +0.059% | $26K | $244K | 10x | as long as short |
Gate GS_USDT
Bybit GSUSDT
Binance GSUSDT
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP
edgeX GSUSDC