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: Bitget against Gate−0.125%7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$507as in the Funding arb table
Net, price: spread back to 7d avg − costs−$569as in the Price arb table
costs, in and out, $10k−$5465.461% of the position
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.125%, 7d avg +0.104%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.229% cheaper against Gate than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPCH_USDT | 10.405 | 0 | get 0.0000% / 8h | 5h 43m | $232K | $488K | 20x |
| Short | Bitget SPCHUSDT | 10.392 | 0 | get 0.0000% / 8h | 5h 43m | $213K | $261K | 20x |
Gate SPCH_USDT
Bitget SPCHUSDTFunding 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: −0.125% → +0.104%
- −$22.87
- Slippage, 4 orders
- −$519.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$569.01
- Costs to cover
- 5.461%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; Bitget: live order book, 11 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 Gate live order book, 17 min ago | 23.07 bp | 306.4 bp −$306 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 14.44 bp | 39.1 bp −$39 | 43.0 bp −$430 | 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 | 10.408 | +0.029% | $175K | $196K | 25x | as long as short |
| Gate SPCH_USDTlong | 0.0000% | 8h | 10.405 | long leg | $232K | $488K | 20x | |
| Bitget SPCHUSDTshort | 0.0000% | 8h | 10.392 | −0.125% | $213K | $261K | 20x | |
| HTX SPCH-USDT | 0.0000% | 8h | 10.426 | +0.202% | $17K | $421K | 20x | as long as short |
| OKX SPCH-USDT-SWAP | +0.0010% | 8h | 10.446 | +0.394% | $97K | $291K | 10x | as long as short |
Bybit SPCHUSDT
HTX SPCH-USDT
OKX SPCH-USDT-SWAP