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: Bitget against Gate−0.402%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.402% cheaper against Gate than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
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 | Gate PURR_USDT | 13.436 | 0 | get 0.0000% / 8h | 4h 25m | $52K | $37K | 20x |
| Short | Bitget PURRUSDT | 13.382 | −0.0209 | pay 0.0209% / 8h | 4h 25m | $377K | $2.0M | 20x |
Gate PURR_USDT
Bitget PURRUSDTFunding 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
- −$43.89
- Price spread: −0.402% → 0.000%
- −$40.19
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.08
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 2 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 22.79 bp | 32.2 bp −$32 | 49.6 bp −$496 | doesn't fit | doesn't fit |
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 PURRUSDTshort | −0.0209% | 8h | 13.382 | −0.402% | $377K | $2.0M | 20x | |
| QFEX PURR-USD | 0.0000% | 1h | 13.370 | −0.491% | $1.3M | $1.6M | 10x | as long as short |
| Bybit PURRUSDT | 0.0000% | 8h | 13.391 | −0.335% | $588K | $872K | 25x | as long as short |
| OKX PURR-USDT-SWAP | 0.0000% | 8h | 13.420 | −0.119% | $576K | $1.2M | 20x | as long as short |
| Gate PURR_USDTlong | 0.0000% | 8h | 13.436 | long leg | $52K | $37K | 20x | |
| HTX PURR-USDT | 0.0000% | 1h | 13.452 | +0.119% | $7K | $344K | 20x | as long as short |
| Ondo Perps PURR-USD.P | +0.0050% | 1h | 13.332 | −0.774% | $7K | $52K | 5x | as long as short |
| Extended PURR-USD | +0.0720% | 1h | 13.379 | −0.427% | $191K | $242K | 10x | as long as short |
QFEX PURR-USD
Bybit PURRUSDT
OKX PURR-USDT-SWAP
HTX PURR-USDT
Ondo Perps PURR-USD.P
Extended PURR-USD