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: Bitget against Gate−0.505%7-day average −0.456% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,156as in the Price arb table
costs, in and out, $10k−$1,15111.514% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.505%, 7d avg −0.456%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.049% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.456%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PEP_USDT | 130.82 | 0 | get 0.0000% / 8h | 1m 41s | $115K | $7K | 25x |
| Short | Bitget PEPUSDT | 130.16 | 0 | get 0.0000% / 8h | 1m 41s | $488K | $89K | 20x |
Gate PEP_USDT
Bitget PEPUSDTFunding 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
- $0
- Price spread: −0.505% → −0.456%
- −$4.87
- Slippage, 4 orders
- −$1,124.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,156.31
- Costs to cover
- 11.514%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; Bitget: live order book, 29 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, 28 min ago | 25.95 bp | 521.9 bp −$522 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 29 min ago | 17.26 bp | 47.4 bp −$47 | 92.1 bp −$921 | 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 | 130.41 | −0.313% | $292K | $107K | 25x | as long as short |
| Gate PEP_USDTlong | 0.0000% | 8h | 130.82 | long leg | $115K | $7K | 25x | |
| Bitget PEPUSDTshort | 0.0000% | 8h | 130.16 | −0.505% | $488K | $89K | 20x | |
| HTX PEP-USDT | 0.0000% | 8h | 130.41 | −0.313% | $6K | $352K | 20x | as long as short |
Bybit PEPUSDT
HTX PEP-USDT