Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.549%7-day average −0.415% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.549%, 7d avg −0.415%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.133% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.415%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TENCENTHKDUSDT | 433.90 | 0 | get 0.0000% / 8h | 1h 29m | $463K | $311K | 20x |
| Short | Gate TENCENTHKD_USDT | 431.52 | 0 | get 0.0000% / 8h | 1h 29m | $342K | $20K | 20x |
Bitget TENCENTHKDUSDT
Gate TENCENTHKD_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: −0.549% → −0.415%
- −$13.31
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.31
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 47 min ago; Gate: live order book, 51 min ago. Net counts fees only.
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, 47 min ago | 11.65 bp | 18.1 bp −$18 | 23.5 bp −$235 | 125.1 bp −$12.5K | doesn't fit |
| Sell Gate live order book, 51 min ago | 57.80 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
TENCENTHKD on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TENCENTHKDUSDTM | −0.0336% | 8h | 433.42 | −0.111% | $30K | $1.4M | 20x | as long as short |
| Gate TENCENTHKD_USDTshort | 0.0000% | 8h | 431.52 | −0.549% | $342K | $20K | 20x | |
| Bitget TENCENTHKDUSDTlong | 0.0000% | 8h | 433.90 | long leg | $463K | $311K | 20x |
KuCoin TENCENTHKDUSDTM