Settings8H · net · $10k
Funding arb · Price arb /

SONY

RWAall SONY markets
SwapBacktest
Alert: funding
Alert: spread
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 Bitget+0.165%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.165% dearer against Bitget than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SONYUSDT23.6770get 0.0000% / 8h2h 38m$149K$8K20x
ShortGate SONY_USDT23.7160get 0.0000% / 8h2h 38m$64K$1K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.165% → 0.000%
$16.47
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$10.53
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago19.00 bp74.2 bp −$7483.9 bp −$839doesn't fitdoesn'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.

SONY on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SONYUSDT0.0000%8h23.721+0.184%$348K$281K20xas long as short
Bybit SONYUSDT0.0000%8h23.740+0.266%$98K$33K25xas long as short
OKX SONY-USDT-SWAP0.0000%8h23.730+0.224%$75K$30K10xas long as short
Gate SONY_USDTshort0.0000%8h23.716+0.165%$64K$1K20x
Bitget SONYUSDTlong0.0000%8h23.677long leg$149K$8K20x
Variational Omni SONY0.0000%8h23.716+0.166%$47K$30Kas long as short
HTX SONY-USDT+0.0100%8h23.750+0.308%$8K$8K10xas long as short
KuCoin SONYUSDTM+0.0536%8h23.750+0.308%$55K$379K20xas long as short