Settings8H · net · $10k
Funding arb · Price arb /

TXN

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Alert: funding
Alert: spread
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 Bybit+0.056%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$473as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4734.725% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.056%, 7d avg −0.003%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TXNUSDT269.950get 0.0000% / 8h1h 35m$165K$57K25x
ShortGate TXN_USDT270.100get 0.0000% / 8h1h 35m$225K$93K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.056% → −0.003%
$5.89
Slippage, 4 orders
−$446.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$466.63
Costs to cover
4.725%
Break-even
never at this rate
Slippage from Bybit: live order book, 54 min ago; Gate: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 54 min ago12.95 bp159.1 bp −$159259.1 bp −$2,591doesn't fitdoesn't fit
Sell Gate live order book, 66 min ago5.55 bp106.2 bp −$106doesn't fitdoesn't fitdoesn't fit

TXN on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance TXNUSDT0.0000%8h269.94−0.003%$284K$465K25xas long as short
Bybit TXNUSDTlong0.0000%8h269.95long leg$165K$57K25x
Gate TXN_USDTshort0.0000%8h270.10+0.056%$225K$93K20x
Bitget TXNUSDT0.0000%8h270.44+0.182%$153K$102K20xas long as short
Variational Omni TXN0.0000%8h269.89−0.021%$20K$13Kas long as short
Extended TXN-USD+0.0040%1h271.05+0.408%$41K$12K10xas long as short
HTX TXN-USDT+0.0100%8h269.74−0.078%$4K$36K10xas long as short