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+0.930%7-day average +0.421% · you sell dearer than you buy
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)−0.556%−$56 · spread now +0.930%, 7d avg +0.421%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.509% dearer against Gate than usual: you sell high and buy low, +$51 on $10k if it goes back to its 7-day average of +0.421%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TENCENTHKD_USDT | 430.10 | 0 | get 0.0000% / 8h | 7h 56m | $341K | $20K | 20x |
| Short | Bitget TENCENTHKDUSDT | 434.10 | 0 | get 0.0000% / 8h | 7h 56m | $465K | $314K | 20x |
Gate TENCENTHKD_USDT
Bitget TENCENTHKDUSDTFunding 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: +0.930% → +0.421%
- $50.92
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $23.92
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 14 min ago; Bitget: live order book, 10 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 Gate live order book, 14 min ago | 57.34 bp | 697.7 bp −$698 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 11.76 bp | 34.0 bp −$34 | 139.9 bp −$1,399 | 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 | −0.0490% | 8h | 436.10 | +1.395% | $33K | $1.4M | 20x | as long as short |
| Gate TENCENTHKD_USDTlong | 0.0000% | 8h | 430.10 | long leg | $341K | $20K | 20x | |
| Bitget TENCENTHKDUSDTshort | 0.0000% | 8h | 434.10 | +0.930% | $465K | $314K | 20x |
KuCoin TENCENTHKDUSDTM