Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.053%
Price spread now: Bitget against Gate−0.777%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.777% cheaper against Gate than usual: you would sell low and buy high, −$78 on $10k if it 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 | Gate SOFTBANK_USDT | 41.310 | 0 | get 0.0000% / 8h | 1h 34m | $5K | $742 | 20x |
| Short | Bitget SOFTBANKUSDT | 40.989 | 0 | get 0.0000% / 8h | 1h 34m | $2.1M | $1.6M | 20x |
Gate SOFTBANK_USDT
Bitget SOFTBANKUSDTFunding 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: −0.777% → 0.000%
- −$77.71
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.71
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bitget: live order book, 2 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 Gate no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 2.07 bp | 10.8 bp −$11 | 14.0 bp −$140 | doesn't fit | doesn't fit |
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 | −0.1882% | 1h | 41.381 | +0.172% | $1.6M | $524K | 10x | as long as short |
| OKX SOFTBANK-USDT-SWAP | −0.0059% | 8h | 41.170 | −0.339% | $89K | $228K | 10x | as long as short |
| Gate SOFTBANK_USDTlong | 0.0000% | 8h | 41.310 | long leg | $5K | $742 | 20x | |
| Bitget SOFTBANKUSDTshort | 0.0000% | 8h | 40.989 | −0.777% | $2.1M | $1.6M | 20x | |
| HTX SOFTBANK-USDT | 0.0000% | 1h | 41.178 | −0.320% | $6K | $380K | 20x | as long as short |
tradeXYZ xyz:SOFTBANK
OKX SOFTBANK-USDT-SWAP
HTX SOFTBANK-USDT