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: Bitget against Gate−0.830%7-day average −0.826% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,091as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,062as in the Price arb table
costs, in and out, $10k−$1,06210.620% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.830%, 7d avg −0.826%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SMIC_USDT | 8.3100 | 0 | get 0.0000% / 8h | 2h 18m | $172K | $26K | 20x |
| Short | Bitget SMICUSDT | 8.2410 | 0 | get 0.0000% / 8h | 2h 18m | $396K | $142K | 5x |
Gate SMIC_USDT
Bitget SMICUSDTFunding 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
- $0
- Price spread: −0.830% → −0.826%
- −$0.44
- Slippage, 4 orders
- −$1,035.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,062.46
- Costs to cover
- 10.620%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; Bitget: live order book, 22 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, 23 min ago | 50.34 bp | 404.9 bp −$405 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 22 min ago | 7.84 bp | 80.8 bp −$81 | 87.4 bp −$874 | 307.1 bp −$30.7K | 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 | 8.3000 | −0.120% | $136K | $46K | 20x | as long as short |
| Gate SMIC_USDTlong | 0.0000% | 8h | 8.3100 | long leg | $172K | $26K | 20x | |
| Bitget SMICUSDTshort | 0.0000% | 8h | 8.2410 | −0.830% | $396K | $142K | 5x | |
| HTX SMIC-USDT | 0.0000% | 8h | 8.2680 | −0.505% | $12K | $342K | 20x | as long as short |
| Lighter SMIC | +0.0032% | 1h | 8.2790 | −0.373% | $32K | $5K | 10x | as long as short |
Bybit SMICUSDT
HTX SMIC-USDT
Lighter SMIC