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: Gate against Bybit+0.023%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1941.940% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.023%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.025% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KOUSDT | 87.550 | 0 | get 0.0000% / 8h | 3h 11m | $343K | $19K | 25x |
| Short | Gate KO_USDT | 87.570 | 0 | get 0.0000% / 8h | 3h 11m | $552K | $15K | 25x |
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: +0.023% → +0.048%
- −$2.5
- Slippage, 4 orders
- −$168.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$196.55
- Costs to cover
- 1.940%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 33 min ago; Gate: live order book, 40 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, 33 min ago | 8.58 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 9.15 bp | 44.9 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
KO on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KOUSDTlong | 0.0000% | 8h | 87.550 | long leg | $343K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.640 | +0.103% | $765K | $320K | 20x | as long as short |
| Gate KO_USDTshort | 0.0000% | 8h | 87.570 | +0.023% | $552K | $15K | 25x | |
| Bitget KOUSDT | 0.0000% | 8h | 87.560 | +0.011% | $542K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.690 | +0.160% | $4K | $367K | 10x | as long as short |
| Binance KOUSDT | +0.0037% | 8h | 87.690 | +0.160% | $811K | $628K | 20x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.490 | −0.069% | $53K | $2.2M | 20x | as long as short |
| edgeX KOUSDC | +0.0799% | 4h | 87.595 | +0.052% | $88K | $209K | 10x | as long as short |
Bybit KOUSDT
Gate KO_USDT
OKX KO-USDT-SWAP
Bitget KOUSDT
HTX KO-USDT
Binance KOUSDT
KuCoin KOUSDTM
edgeX KOUSDC