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: Bybit against Gate+0.136%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$406as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3623.621% of the position
Funding, last 7 days−0.435%−$43 on $10k
+Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.136%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.212% dearer against Gate than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TENCENT_USDT | 58.670 | 0 | get 0.0000% / 8h | 5h 14m | $1.7M | $588K | 25x |
| Short | Bybit TENCENTUSDT | 58.750 | 0 | get 0.0000% / 8h | 5h 14m | $247K | $245K | 25x |
Gate TENCENT_USDT
Bybit TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.136% → −0.076%
- $21.22
- Slippage, 4 orders
- −$336.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$340.89
- Costs to cover
- 3.621%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 40 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, 3 min ago | 6.00 bp | 204.9 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 7.77 bp | 89.7 bp −$90 | 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 | 58.687 | +0.028% | $54K | $4K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 58.739 | +0.117% | $2.9M | $3.5M | 25x | as long as short |
| Bybit TENCENTUSDTshort | 0.0000% | 8h | 58.750 | +0.136% | $247K | $245K | 25x | |
| Gate TENCENT_USDTlong | 0.0000% | 8h | 58.670 | long leg | $1.7M | $588K | 25x | |
| Bitget TENCENTUSDT | 0.0000% | 8h | 58.680 | +0.017% | $1.2M | $2.8M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.620 | −0.085% | $10K | $39K | 10x | as long as short |
| Lighter TENCENT | +0.0032% | 1h | 58.993 | +0.551% | $69K | $4K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 58.650 | −0.034% | $124K | $673K | 20x | as long as short |
| edgeX TENCENTUSDC | +0.0564% | 4h | 58.308 | −0.617% | $121K | $211K | 10x | as long as short |
Aster TENCENTUSDT
Binance TENCENTUSDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC