Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.037%
Price spread now: Bybit against Gate+0.222%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$623as in the Price arb table
costs, in and out, $10k−$6376.365% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.222%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.130% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SHOP_USDT | 139.45 | 0 | get 0.0000% / 8h | 7h 19m | $275K | $67K | 20x |
| Short | Bybit SHOPUSDT | 139.76 | 0 | get 0.0000% / 8h | 7h 19m | $849K | $104K | 25x |
Gate SHOP_USDT
Bybit SHOPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.222% → +0.092%
- $13.05
- Slippage, 4 orders
- −$610.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$623.47
- Costs to cover
- 6.365%
- Break-even
- never at this rate
Slippage from Gate: live order book, 7 min ago; Bybit: live order book, 11 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, 7 min ago | 18.27 bp | 149.5 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 11 min ago | 7.14 bp | 148.9 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
SHOP 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SHOPUSDT | 0.0000% | 8h | 139.55 | +0.071% | $379K | $1.0M | 20x | as long as short |
| Bybit SHOPUSDTshort | 0.0000% | 8h | 139.76 | +0.222% | $849K | $104K | 25x | |
| OKX SHOP-USDT-SWAP | 0.0000% | 8h | 139.38 | −0.050% | $122K | $345K | 20x | as long as short |
| Gate SHOP_USDTlong | 0.0000% | 8h | 139.45 | long leg | $275K | $67K | 20x | |
| Bitget SHOPUSDT | 0.0000% | 8h | 139.45 | 0.000% | $360K | $233K | 20x | as long as short |
| HTX SHOP-USDT | +0.0100% | 8h | 139.64 | +0.136% | $9K | $354K | 10x | as long as short |
| Extended SHOP-USD | +0.0120% | 1h | 139.50 | +0.036% | $263K | $6K | 10x | as long as short |
| edgeX SHOPUSDC | +0.0555% | 4h | 139.67 | +0.155% | $18K | $228K | 10x | as long as short |
Binance SHOPUSDT
OKX SHOP-USDT-SWAP
Bitget SHOPUSDT
HTX SHOP-USDT
Extended SHOP-USD
edgeX SHOPUSDC