Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | BitgetOURAUSDT | 50.953 | 0 | get 0.0000% / 8h | 6h 03m | $1.5M | $11.0M | 20x | Long Bitget |
| SHORT | GateOURA_USDT | 52.170 | 0 | get 0.0000% / 8h | 6h 03m | $468K | $283K | 10x | Short Gate |
Price gap+2.388%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$195 on $10k if the gap goes back to its 7d average.
Funding you earn now0.0000% /8hpaid last 24h 0.000% · next 16:00 UTC
Price spread now+2.388%7d average +0.434% · you sell dearer than you buy
Net 7d · $10k—Paid 7d $02d − costs $574 · under 7 days of funding history
Net, price · $10k−$379spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$5745.741% of a $10k position
Funding, last
2 days, all we have0.000%$0 on $10kPrice spread, last 2 days of 7D (all we have)−4.750%−$475 · now +2.388%, avg +0.434%
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Gate price against Bitgetnow
RANGE STATS · 7D
Now+2.388%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0176% · 1h | 1h | 52.395 | +2.830% | $97K | $180K | 5x | No | 52.395 · +2.830% · OI $97K · 5x · KYC No | longshort |
| tradeXYZxyz:OURA | −0.0017% · 1h | 1h | 51.137 | +0.361% | $219K | $1.0M | 5x | No | 51.137 · +0.361% · OI $219K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0005% · 1h | 1h | 51.110 | +0.308% | $1.1M | $556K | 10x | No | 51.110 · +0.308% · OI $1.1M · 10x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 50.966 | +0.026% | $122K | $1.3M | 20x | Yes | 50.966 · +0.026% · OI $122K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.170 | +2.388% | $468K | $283K | 10x | Yes | 52.170 · +2.388% · OI $468K · 10x · KYC Yes | SHORT |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 50.953 | long leg | $1.5M | $11.0M | 20x | Yes | 50.953 · long leg · OI $1.5M · 20x · KYC Yes | LONG |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 50.770 | −0.359% | — | $2.3M | 10x | No | 50.770 · −0.359% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.400 | +0.877% | $11K | $393K | 10x | Limited | 51.400 · +0.877% · OI $11K · 10x · KYC Limited | longshort |
| BloFinOURA-USDT | +0.0041% · 8h | 8h | 51.050 | +0.190% | $46K | $25K | 20x | Limited | 51.050 · +0.190% · OI $46K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 50.960 | +0.014% | $100K | $73K | 20x | No | 50.960 · +0.014% · OI $100K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.106 | +0.301% | $788K | $3.8M | 20x | Yes | 51.106 · +0.301% · OI $788K · 20x · KYC Yes | longshort |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.370 | +0.818% | $14K | $3.3M | 20x | Yes | 51.370 · +0.818% · OI $14K · 20x · KYC Yes | longshort |
Before you open
2 ok · 3 to watch- Watch: Thin at this size12.6 / 144.4 bpAt $10k Gate’s book costs 144.4 bp to enter, 11.5× Bitget’s.
- Note: Margin at max leverage$500 + $1,000Bitget 20x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 3 payments, $0.00; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+2.388% vs +0.434%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$468K vs $1.5M OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Gate YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+2.388% → +0.434% (7d avg)+$195.45
Slippage, 4 orderslive order books−$547.15
Fee Bitget bp × 2 orders−$12.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$378.70
Costs to cover5.741%Break-evennever at this rate
Slippage: Bitget: live order book, 1 min ago; Gate: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget3.4412.6 bp−$1319.4 bp−$194doesn’t fitdoesn’t fit
SELL · SHORTGate36.54144.4 bp−$144doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.