Funding you earn now, next payment 12:00 UTC−0.1731%/8h= −189.5% APRpaid last 24h −0.134%
Price spread now: Bitget against Gate+0.246%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$475as in the Price arb table
costs, in and out, $10k−$4914.911% of the position
Funding, last 7 days−0.506%−$51 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.246%, 7d avg +0.090%
=The price spread pays, funding is against you. Bitget is 0.157% dearer against Gate than usual: you sell high and buy low (spread +0.246% now, against its 7-day average of +0.090%): +$16 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.506% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.506% in total (about -26.4% 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 | Gate LGELECTRONICS_USDT | 154.32 | −0.1496 | get 0.0748% / 4h | 3h 23m | $103K | $69K | 20x |
| Short | Bitget LGELECTRONICSUSDT | 154.70 | −0.3227 | pay 0.3227% / 8h | 7h 23m | $242K | $694K | 20x |
Gate LGELECTRONICS_USDT
Bitget LGELECTRONICSUSDTFunding 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
- −$363.51
- Price spread: +0.246% → +0.090%
- $15.67
- Slippage, 4 orders
- −$464.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$838.96
- Costs to cover
- 4.911%
- Break-even
- never at this rate
Slippage from Gate: live order book, 19 min ago; Bitget: live order book, 33 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, 19 min ago | 57.24 bp | 153.5 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 33 min ago | 17.73 bp | 84.4 bp −$84 | 142.8 bp −$1,428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LGELECTRONICSUSDT | −0.5125% | 8h | 154.49 | +0.110% | $37K | $54K | 25x | as long as short |
| Bitget LGELECTRONICSUSDTshort | −0.3227% | 8h | 154.70 | +0.246% | $242K | $694K | 20x | |
| GRVT LGELECTRONICS_USDT_Perp | −0.3092% | 4h | 154.25 | −0.047% | $443 | $169K | 10x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.1650% | 8h | 154.37 | +0.032% | $105K | $98K | 20x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.1520% | 4h | 154.70 | +0.246% | $214K | $139K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.1498% | 4h | 154.58 | +0.168% | $101K | $714K | 20x | as long as short |
| Gate LGELECTRONICS_USDTlong | −0.1496% | 4h | 154.32 | long leg | $103K | $69K | 20x | |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 154.21 | −0.071% | $9K | $40K | 10x | as long as short |
| edgeX LGELUSDC | +0.0768% | 4h | 154.27 | −0.030% | $13K | $219K | 10x | as long as short |
Bybit LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
OKX LGELECTRONICS-USDT-SWAP
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT
edgeX LGELUSDC