Funding you earn now, next payment 08:00 UTC+0.0407%/8h= +44.6% APRnext payment +$4.07 per $10,000 · paid last 24h −0.053%
Price spread now: Gate against Bitget+0.663%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Gate is 0.663% dearer against Bitget than usual: you sell high and buy low: +$66 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOFTBANKUSDT | 41.018 | −0.0407 | get 0.0407% / 8h | 5h 23m | $2.0M | $1.6M | 20x |
| Short | Gate SOFTBANK_USDT | 41.290 | 0 | get 0.0000% / 8h | 5h 23m | $5K | $754 | 20x |
Bitget SOFTBANKUSDT
Gate SOFTBANK_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
- $85.47
- Price spread: +0.663% → 0.000%
- $66.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $124.78
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 3 min ago; Gate: no order-book sample. 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, 3 min ago | 2.56 bp | 10.5 bp −$10 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
SOFTBANK 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SOFTBANK | −0.1359% | 1h | 41.481 | +1.129% | $1.6M | $498K | 10x | as long as short |
| OKX SOFTBANK-USDT-SWAP | −0.0633% | 8h | 41.210 | +0.468% | $75K | $194K | 10x | as long as short |
| Bitget SOFTBANKUSDTlong | −0.0407% | 8h | 41.018 | long leg | $2.0M | $1.6M | 20x | |
| Gate SOFTBANK_USDTshort | 0.0000% | 8h | 41.290 | +0.663% | $5K | $754 | 20x | |
| HTX SOFTBANK-USDT | 0.0000% | 1h | 41.132 | +0.278% | $6K | $380K | 20x | as long as short |
tradeXYZ xyz:SOFTBANK
OKX SOFTBANK-USDT-SWAP
HTX SOFTBANK-USDT