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: Gate against Bitget−0.011%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2922.918% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.011%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TXNUSDT | 271.73 | 0 | get 0.0000% / 8h | 4h 03m | $154K | $105K | 20x |
| Short | Gate TXN_USDT | 271.70 | 0 | get 0.0000% / 8h | 4h 03m | $227K | $102K | 20x |
Bitget TXNUSDT
Gate TXN_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: −0.011% → −0.060%
- $4.92
- Slippage, 4 orders
- −$264.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$286.9
- Costs to cover
- 2.918%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; Gate: live order book, 48 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, 46 min ago | 12.12 bp | 32.3 bp −$32 | 70.7 bp −$707 | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 11.01 bp | 150.3 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
TXN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TXNUSDT | 0.0000% | 8h | 271.58 | −0.057% | $298K | $449K | 25x | as long as short |
| Bybit TXNUSDT | 0.0000% | 8h | 271.54 | −0.070% | $166K | $59K | 25x | as long as short |
| Gate TXN_USDTshort | 0.0000% | 8h | 271.70 | −0.011% | $227K | $102K | 20x | |
| Bitget TXNUSDTlong | 0.0000% | 8h | 271.73 | long leg | $154K | $105K | 20x | |
| Variational Omni TXN | 0.0000% | 8h | 271.92 | +0.069% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | −0.250% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 271.53 | −0.074% | $3K | $36K | 10x | as long as short |
Binance TXNUSDT
Bybit TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT