Funding you earn now, next payment 08:00 UTC+0.1179%/8h= +129.1% APRpaid last 24h +0.247%
Price spread now: Gate against Bitget−0.360%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$307as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3333.331% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)+0.352%+$35 · spread now −0.360%, 7d avg −0.080%
=Funding pays, the price is against you. Gate is 0.280% cheaper against Bitget than usual: you would sell low and buy high (spread −0.360% now, against its 7-day average of −0.080%). If the spread goes back, that is −$28 on $10k: about 19 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.258% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.258% in total (about 13.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LGELECTRONICSUSDT | 158.50 | −0.4813 | get 0.4813% / 8h | 3h 12m | $243K | $766K | 20x |
| Short | Gate LGELECTRONICS_USDT | 157.93 | −0.3634 | pay 0.1817% / 4h | 3h 12m | $106K | $61K | 20x |
Bitget LGELECTRONICSUSDT
Gate LGELECTRONICS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $247.59
- Price spread: −0.360% → −0.080%
- −$27.99
- Slippage, 4 orders
- −$306.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$113.46
- Costs to cover
- 3.331%
- Break-even
- 10.2 days
Slippage from Bitget: live order book, 63 min ago; Gate: live order book, 49 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 Bitget live order book, 63 min ago | 16.15 bp | 83.5 bp −$84 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 25.90 bp | 34.7 bp −$35 | 66.8 bp −$668 | doesn't fit | doesn't fit |
LGELECTRONICS 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT LGELECTRONICS_USDT_Perp | −0.5948% | 4h | 157.92 | −0.366% | $227 | $177K | 10x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.5538% | 4h | 158.43 | −0.044% | $217K | $126K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.5529% | 4h | 157.92 | −0.366% | $114K | $775K | 20x | as long as short |
| Bitget LGELECTRONICSUSDTlong | −0.4813% | 8h | 158.50 | long leg | $243K | $766K | 20x | |
| Gate LGELECTRONICS_USDTshort | −0.3634% | 4h | 157.93 | −0.360% | $106K | $61K | 20x | |
| OKX LGELECTRONICS-USDT-SWAP | −0.2547% | 8h | 158.15 | −0.221% | $107K | $100K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.2242% | 8h | 157.73 | −0.486% | $40K | $56K | 25x | as long as short |
| edgeX LGELUSDC | −0.0740% | 4h | 157.99 | −0.325% | $13K | $217K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.89 | −0.385% | $9K | $37K | 10x | as long as short |
GRVT LGELECTRONICS_USDT_Perp
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT