Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.097%7-day average −0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$830as in the Funding arb table
Net, price: spread back to 7d avg − costs−$821as in the Price arb table
costs, in and out, $10k−$8308.299% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.097%, 7d avg −0.190%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.190%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ISRG_USDT | 401.40 | 0 | get 0.0000% / 8h | 2h 27m | $114K | $13K | 20x |
| Short | Bybit ISRGUSDT | 401.01 | 0 | get 0.0000% / 8h | 2h 27m | $84K | $197K | 25x |
Gate ISRG_USDT
Bybit ISRGUSDTFunding 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: −0.097% → −0.190%
- $9.26
- Slippage, 4 orders
- −$803.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$820.62
- Costs to cover
- 8.299%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; Bybit: live order book, 55 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, 55 min ago | 37.30 bp | 95.8 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 55 min ago | 3.36 bp | 242.0 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
ISRG on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ISRG/USDC PERP | −0.0220% | 1h | 361.28 | −9.995% | $8K | $101 | 12x | as long as short |
| Bybit ISRGUSDTshort | 0.0000% | 8h | 401.01 | −0.097% | $84K | $197K | 25x | |
| OKX ISRG-USDT-SWAP | 0.0000% | 8h | 401.02 | −0.095% | $72K | $44K | 10x | as long as short |
| Gate ISRG_USDTlong | 0.0000% | 8h | 401.40 | long leg | $114K | $13K | 20x | |
| Bitget ISRGUSDT | 0.0000% | 8h | 401.44 | +0.010% | $81K | $35K | 20x | as long as short |
| Extended ISRG-USD | +0.0040% | 1h | 401.45 | +0.012% | — | — | 10x | as long as short |
| HTX ISRG-USDT | +0.0100% | 8h | 401.50 | +0.025% | $5K | $35K | 10x | as long as short |
Injective ISRG/USDC PERP
OKX ISRG-USDT-SWAP
Bitget ISRGUSDT
Extended ISRG-USD
HTX ISRG-USDT