Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.058%
Price spread now: Gate against Bybit+0.191%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,353as in the Price arb table
costs, in and out, $10k−$1,35613.556% of the position
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.191%, 7d avg +0.162%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.029% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PEPUSDT | 131.11 | 0 | get 0.0000% / 8h | 2h 15m | $330K | $59K | 25x |
| Short | Gate PEP_USDT | 131.36 | 0 | get 0.0000% / 8h | 2h 15m | $117K | $3K | 25x |
Bybit PEPUSDT
Gate PEP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.191% → +0.162%
- $2.89
- Slippage, 4 orders
- −$1,329.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,352.7
- Costs to cover
- 13.556%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 24 min ago; Gate: live order book, 25 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 Bybit live order book, 24 min ago | 13.75 bp | 172.8 bp −$173 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 17.14 bp | 561.3 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 PEPUSDTlong | 0.0000% | 8h | 131.11 | long leg | $330K | $59K | 25x | |
| Gate PEP_USDTshort | 0.0000% | 8h | 131.36 | +0.191% | $117K | $3K | 25x | |
| Bitget PEPUSDT | 0.0000% | 8h | 130.28 | −0.633% | $488K | $89K | 20x | as long as short |
| HTX PEP-USDT | 0.0000% | 8h | 131.11 | 0.000% | $6K | $346K | 20x | as long as short |
Bitget PEPUSDT
HTX PEP-USDT