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+0.194%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$515as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4764.760% of the position
Funding, last 7 days−0.390%−$39 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.194%, 7d avg −0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.290% dearer against Bitget than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPCHUSDT | 10.316 | 0 | get 0.0000% / 8h | 58m 45s | $208K | $281K | 20x |
| Short | Gate SPCH_USDT | 10.336 | 0 | get 0.0000% / 8h | 58m 45s | $232K | $498K | 20x |
Bitget SPCHUSDT
Gate SPCH_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
- $0
- Price spread: +0.194% → −0.096%
- $28.99
- Slippage, 4 orders
- −$449.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$447.02
- Costs to cover
- 4.760%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 36 min ago; Gate: live order book, 42 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 Bitget live order book, 36 min ago | 9.69 bp | 15.7 bp −$16 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 27.56 bp | 226.2 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
SPCH 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 SPCHUSDT | 0.0000% | 8h | 10.331 | +0.145% | $174K | $186K | 25x | as long as short |
| OKX SPCH-USDT-SWAP | 0.0000% | 8h | 10.331 | +0.145% | $97K | $279K | 10x | as long as short |
| Gate SPCH_USDTshort | 0.0000% | 8h | 10.336 | +0.194% | $232K | $498K | 20x | |
| Bitget SPCHUSDTlong | 0.0000% | 8h | 10.316 | long leg | $208K | $281K | 20x | |
| HTX SPCH-USDT | 0.0000% | 8h | 10.322 | +0.058% | $17K | $398K | 20x | as long as short |
Bybit SPCHUSDT
OKX SPCH-USDT-SWAP
HTX SPCH-USDT