Funding you earn now, next payment 08:00 UTC−0.0140%/8h= −15.3% APRnext payment −$1.40 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.016%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2262.258% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.016%, 7d avg +0.049%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.033% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KLAC_USDT | 182.74 | 0 | get 0.0000% / 8h | 1h 59m | $463K | $36K | 20x |
| Short | Bitget KLACUSDT | 182.77 | −0.0140 | pay 0.0140% / 8h | 1h 59m | $698K | $170K | 20x |
Gate KLAC_USDT
Bitget KLACUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.4
- Price spread: +0.016% → +0.049%
- −$3.29
- Slippage, 4 orders
- −$198.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$258.5
- Costs to cover
- 2.258%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; Bitget: live order book, 46 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, 46 min ago | 19.37 bp | 123.7 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 8.17 bp | 51.5 bp −$51 | 95.3 bp −$953 | doesn't fit | doesn't fit |
KLAC on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KLACUSDTshort | −0.0140% | 8h | 182.77 | +0.016% | $698K | $170K | 20x | |
| Binance KLACUSDT | 0.0000% | 8h | 182.55 | −0.105% | $1.2M | $1.3M | 20x | as long as short |
| Bybit KLACUSDT | 0.0000% | 8h | 182.49 | −0.137% | $312K | $720K | 25x | as long as short |
| OKX KLAC-USDT-SWAP | 0.0000% | 8h | 182.66 | −0.044% | $381K | $269K | 20x | as long as short |
| Gate KLAC_USDTlong | 0.0000% | 8h | 182.74 | long leg | $463K | $36K | 20x | |
| Variational Omni KLAC | 0.0000% | 8h | 183.15 | +0.222% | $20K | $27K | — | as long as short |
| Extended KLAC_24_5-USD | +0.0040% | 1h | 182.47 | −0.150% | $5K | $4K | 10x | as long as short |
| Vest KLAC-USD-PERP | +0.0046% | 1h | 182.87 | +0.071% | — | $6K | 10x | as long as short |
| KuCoin KLACUSDTM | +0.0100% | 8h | 182.45 | −0.159% | $202K | $915K | 20x | as long as short |
| HTX KLAC-USDT | +0.0100% | 8h | 182.90 | +0.088% | $9K | $353K | 10x | as long as short |
Binance KLACUSDT
Bybit KLACUSDT
OKX KLAC-USDT-SWAP
Variational Omni KLAC
Extended KLAC_24_5-USD
Vest KLAC-USD-PERP
KuCoin KLACUSDTM
HTX KLAC-USDT