Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+1.222%7-day average +0.798% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)−0.342%−$34 · spread now +1.222%, 7d avg +0.798%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.424% dearer against Bitget than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of +0.798%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMICUSDT | 8.4320 | 0 | get 0.0000% / 8h | 1h 36m | $440K | $111K | 5x |
| Short | Gate SMIC_USDT | 8.5350 | 0 | get 0.0000% / 8h | 1h 36m | $142K | $8K | 20x |
Bitget SMICUSDT
Gate SMIC_USDTFunding 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
- $0
- Price spread: +1.222% → +0.798%
- $42.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $15.36
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 39 min ago; Gate: live order book, 39 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 Bitget live order book, 39 min ago | 7.71 bp | 15.7 bp −$16 | 18.9 bp −$189 | 77.9 bp −$7,790 | doesn't fit |
| Sell Gate live order book, 39 min ago | 59.63 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SMIC on 5 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 SMICUSDT | 0.0000% | 8h | 8.4700 | +0.451% | $112K | $44K | 20x | as long as short |
| Gate SMIC_USDTshort | 0.0000% | 8h | 8.5350 | +1.222% | $142K | $8K | 20x | |
| Bitget SMICUSDTlong | 0.0000% | 8h | 8.4320 | long leg | $440K | $111K | 5x | |
| HTX SMIC-USDT | 0.0000% | 8h | 8.4790 | +0.557% | $12K | $336K | 20x | as long as short |
| Lighter SMIC | +0.0032% | 1h | 8.3965 | −0.421% | $33K | $50K | 10x | as long as short |
Bybit SMICUSDT
HTX SMIC-USDT
Lighter SMIC