Funding you earn now, next payment 12:00 UTC−0.2998%/8h= −328.3% APRpaid last 24h −0.063%
Price spread now: Bybit against Gate+0.312%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.312% dearer against Gate than usual: you sell high and buy low (spread +0.312% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$90 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.037% in total) that is about 58 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LGELECTRONICS_USDT | 156.83 | 0 | get 0.0000% / 4h | 1h 58m | $105K | $71K | 20x |
| Short | Bybit LGELECTRONICSUSDT | 157.32 | −0.2998 | pay 0.2998% / 8h | 5h 58m | $40K | $56K | 25x |
Gate LGELECTRONICS_USDT
Bybit LGELECTRONICSUSDTFunding 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
- −$629.57
- Price spread: +0.312% → 0.000%
- $31.24
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$624.33
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 46 min ago; Bybit: no order-book sample. Net counts fees only.
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 | 17.42 bp | 178.6 bp −$179 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit no order-book sample | — | — | — | — | — |
Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LGELECTRONICS on 9 exchanges
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 LGELECTRONICSUSDTshort | −0.2998% | 8h | 157.32 | +0.312% | $40K | $56K | 25x | |
| Bitget LGELECTRONICSUSDT | −0.1355% | 8h | 157.46 | +0.402% | $245K | $687K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.0734% | 8h | 157.82 | +0.631% | $103K | $102K | 20x | as long as short |
| edgeX LGELUSDC | −0.0391% | 4h | 157.09 | +0.169% | $13K | $221K | 10x | as long as short |
| Binance LGELECTRONICSUSDT | 0.0000% | 4h | 157.32 | +0.309% | $102K | $721K | 20x | as long as short |
| Gate LGELECTRONICS_USDTlong | 0.0000% | 4h | 156.83 | long leg | $105K | $71K | 20x | |
| MEXC LGELECTRONICS_USDT | 0.0000% | 4h | 157.35 | +0.332% | $217K | $137K | 20x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 156.63 | −0.128% | $9K | $40K | 10x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | +0.1388% | 4h | 157.16 | +0.210% | $30 | $162K | 10x | as long as short |
Bitget LGELECTRONICSUSDT
OKX LGELECTRONICS-USDT-SWAP
edgeX LGELUSDC
Binance LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
HTX LGELECTRONICS-USDT
GRVT LGELECTRONICS_USDT_Perp