Funding you earn now, next payment 08:00 UTC+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.374%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−0.077%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.374% dearer against Bitget than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PURRUSDT | 13.380 | −0.0209 | get 0.0209% / 8h | 4h 25m | $377K | $2.0M | 20x |
| Short | Gate PURR_USDT | 13.430 | 0 | get 0.0000% / 8h | 4h 25m | $52K | $37K | 20x |
Funding 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
- $43.89
- Price spread: +0.374% → 0.000%
- $37.37
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $54.26
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 2 min ago; Gate: 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 Bitget live order book, 2 min ago | 22.79 bp | 44.5 bp −$44 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: 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.
PURR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PURRUSDTlong | −0.0209% | 8h | 13.380 | long leg | $377K | $2.0M | 20x | |
| QFEX PURR-USD | 0.0000% | 1h | 13.370 | −0.075% | $1.3M | $1.6M | 10x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.391 | +0.082% | $588K | $872K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.420 | +0.299% | $576K | $1.2M | 20x | as long as short |
| Gate PURR_USDTshort | 0.0000% | 8h | 13.430 | +0.374% | $52K | $37K | 20x | |
| HTX PURR-USDT | 0.0000% | 1h | 13.452 | +0.538% | $7K | $344K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.332 | −0.359% | $7K | $52K | 5x | as long as short |
| Extended PURR-USD | +0.0720% | 1h | 13.386 | +0.043% | $191K | $242K | 10x | as long as short |
Bitget PURRUSDT
Gate PURR_USDT
Bybit PURRUSDT
OKX PURR-USDT-SWAP
HTX PURR-USDT
Extended PURR-USD