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 Bybit−0.104%7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$456as in the Funding arb table
Net, price: spread back to 7d avg − costs−$517as in the Price arb table
costs, in and out, $10k−$5004.999% of the position
Funding, last 7 days+0.435%+$43 on $10k
+Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.104%, 7d avg +0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.176% cheaper against Bybit than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TENCENTUSDT | 57.970 | 0 | get 0.0000% / 8h | 2h 36m | $251K | $264K | 25x |
| Short | Gate TENCENT_USDT | 57.910 | 0 | get 0.0000% / 8h | 2h 36m | $1.7M | $673K | 25x |
Bybit TENCENTUSDT
Gate TENCENT_USDTFunding 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: −0.104% → +0.072%
- −$17.58
- Slippage, 4 orders
- −$473.91
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$517.49
- Costs to cover
- 4.999%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 1 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, 3 min ago | 9.51 bp | 66.8 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 14.68 bp | 226.3 bp −$226 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TENCENTUSDTlong | 0.0000% | 8h | 57.970 | long leg | $251K | $264K | 25x | |
| Gate TENCENT_USDTshort | 0.0000% | 8h | 57.910 | −0.104% | $1.7M | $673K | 25x | |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.950 | −0.035% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 57.940 | −0.052% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDT | +0.0041% | 8h | 57.932 | −0.066% | $46K | $12K | 20x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 57.910 | −0.104% | $123K | $688K | 20x | as long as short |
| Binance TENCENTUSDT | +0.0640% | 4h | 57.970 | 0.000% | $2.9M | $5.2M | 25x | as long as short |
| edgeX TENCENTUSDC | +0.1066% | 4h | 57.854 | −0.200% | $119K | $213K | 10x | as long as short |
| Lighter TENCENT | +0.1448% | 1h | 58.181 | +0.364% | $68K | $4K | 10x | as long as short |
Bitget TENCENTUSDT
HTX TENCENT-USDT
Aster TENCENTUSDT
KuCoin TENCENTUSDTM
Binance TENCENTUSDT
edgeX TENCENTUSDC
Lighter TENCENT