Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.034%
Price spread now: Gate against Bitget+0.054%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3733.734% of the position
Funding, last 7 days+0.391%+$39 on $10k
+Price spread, last 7 days−0.170%−$17 · spread now +0.054%, 7d avg +0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TENCENTUSDT | 55.450 | 0 | get 0.0000% / 8h | 7h 40m | $1.8M | $1.8M | 20x |
| Short | Gate TENCENT_USDT | 55.480 | 0 | get 0.0000% / 8h | 7h 40m | $1.8M | $330K | 25x |
Bitget TENCENTUSDT
Gate TENCENT_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: +0.054% → +0.044%
- $0.99
- Slippage, 4 orders
- −$346.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$372.4
- Costs to cover
- 3.734%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago | 6.32 bp | 15.0 bp −$15 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.02 bp | 151.7 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TENCENTUSDT | 0.0000% | 8h | 55.476 | +0.048% | $52K | $4K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 55.510 | +0.108% | $3.1M | $1.3M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 55.390 | −0.108% | $305K | $160K | 25x | as long as short |
| Gate TENCENT_USDTshort | 0.0000% | 8h | 55.480 | +0.054% | $1.8M | $330K | 25x | |
| Bitget TENCENTUSDTlong | 0.0000% | 8h | 55.450 | long leg | $1.8M | $1.8M | 20x | |
| HTX TENCENT-USDT | 0.0000% | 4h | 55.370 | −0.144% | $10K | $36K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 55.808 | +0.646% | $65K | $2K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 55.460 | +0.018% | $117K | $677K | 20x | as long as short |
| edgeX TENCENTUSDC | +0.0805% | 4h | 55.466 | +0.030% | $115K | $209K | 10x | as long as short |
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC