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: Gate against Bybit+0.485%7-day average +0.542% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,484as in the Price arb table
costs, in and out, $10k−$1,47814.782% of the position
Funding, last 7 days+0.332%+$33 on $10k
+Price spread, last 4 days (all we have)+0.565%+$56 · spread now +0.485%, 7d avg +0.542%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.057% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.542%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SMICUSDT | 8.2500 | 0 | get 0.0000% / 8h | 1h 31m | $137K | $47K | 20x |
| Short | Gate SMIC_USDT | 8.2900 | 0 | get 0.0000% / 8h | 1h 31m | $171K | $26K | 20x |
Bybit SMICUSDT
Gate SMIC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.485% → +0.542%
- −$5.69
- Slippage, 4 orders
- −$1,452.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,483.9
- Costs to cover
- 14.782%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 58 min ago; Gate: live order book, 4 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 Bybit live order book, 58 min ago | 12.05 bp | 334.2 bp −$334 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 67.18 bp | 520.7 bp −$521 | 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 SMICUSDTlong | 0.0000% | 8h | 8.2500 | long leg | $137K | $47K | 20x | |
| Gate SMIC_USDTshort | 0.0000% | 8h | 8.2900 | +0.485% | $171K | $26K | 20x | |
| Bitget SMICUSDT | 0.0000% | 8h | 8.2050 | −0.545% | $394K | $143K | 5x | as long as short |
| HTX SMIC-USDT | 0.0000% | 8h | 8.2740 | +0.291% | $12K | $342K | 20x | as long as short |
| Lighter SMIC | +0.0032% | 1h | 8.2037 | −0.561% | $32K | $419 | 10x | as long as short |
Bitget SMICUSDT
HTX SMIC-USDT
Lighter SMIC