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 Bybit+0.077%7-day average −0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$713as in the Funding arb table
Net, price: spread back to 7d avg − costs−$689as in the Price arb table
costs, in and out, $10k−$7197.192% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.077%, 7d avg −0.227%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.305% dearer against Bybit than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.227%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCHUSDT | 10.326 | 0 | get 0.0000% / 8h | 41m 16s | $174K | $185K | 25x |
| Short | Gate SPCH_USDT | 10.334 | 0 | get 0.0000% / 8h | 41m 16s | $232K | $498K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.077% → −0.227%
- $30.48
- Slippage, 4 orders
- −$693.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$688.72
- Costs to cover
- 7.192%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 44 min ago; Gate: live order book, 60 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 Bybit live order book, 44 min ago | 10.16 bp | 133.1 bp −$133 | 1043.9 bp −$10.4K | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 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 SPCHUSDTlong | 0.0000% | 8h | 10.326 | long leg | $174K | $185K | 25x | |
| OKX SPCH-USDT-SWAP | 0.0000% | 8h | 10.331 | +0.048% | $97K | $278K | 10x | as long as short |
| Gate SPCH_USDTshort | 0.0000% | 8h | 10.334 | +0.077% | $232K | $498K | 20x | |
| Bitget SPCHUSDT | 0.0000% | 8h | 10.316 | −0.097% | $212K | $283K | 20x | as long as short |
| HTX SPCH-USDT | 0.0000% | 8h | 10.324 | −0.019% | $17K | $396K | 20x | as long as short |
Bybit SPCHUSDT
Gate SPCH_USDT
OKX SPCH-USDT-SWAP
Bitget SPCHUSDT
HTX SPCH-USDT