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 Bitget+0.676%7-day average +0.453% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,105as in the Price arb table
costs, in and out, $10k−$1,12711.272% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.676%, 7d avg +0.453%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.223% dearer against Bitget than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.453%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PEPUSDT | 130.11 | 0 | get 0.0000% / 8h | 1h 07m | $488K | $89K | 20x |
| Short | Gate PEP_USDT | 130.99 | 0 | get 0.0000% / 8h | 1h 07m | $119K | $5K | 25x |
Bitget PEPUSDT
Gate PEP_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
- $0
- Price spread: +0.676% → +0.453%
- $22.29
- Slippage, 4 orders
- −$1,100.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,104.88
- Costs to cover
- 11.272%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 28 min ago; Gate: live order book, 28 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, 28 min ago | 19.94 bp | 28.2 bp −$28 | 56.6 bp −$566 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 27.90 bp | 560.9 bp −$561 | doesn't fit | doesn't fit | doesn't fit |
PEP on 4 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 PEPUSDT | 0.0000% | 8h | 130.68 | +0.438% | $292K | $106K | 25x | as long as short |
| Gate PEP_USDTshort | 0.0000% | 8h | 130.99 | +0.676% | $119K | $5K | 25x | |
| Bitget PEPUSDTlong | 0.0000% | 8h | 130.11 | long leg | $488K | $89K | 20x | |
| HTX PEP-USDT | 0.0000% | 8h | 130.68 | +0.438% | $6K | $350K | 20x | as long as short |
Bybit PEPUSDT
HTX PEP-USDT