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−0.007%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$389as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$3893.891% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.007%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.068% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TXN_USDT | 270.80 | 0 | get 0.0000% / 8h | 3h 31m | $226K | $97K | 20x |
| Short | Bitget TXNUSDT | 270.78 | 0 | get 0.0000% / 8h | 3h 31m | $153K | $104K | 20x |
Funding 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: −0.007% → +0.061%
- −$6.81
- Slippage, 4 orders
- −$362.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$395.88
- Costs to cover
- 3.891%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; Bitget: live order book, 13 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, 15 min ago | 5.53 bp | 104.2 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 8.49 bp | 100.5 bp −$101 | 124.6 bp −$1,246 | 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 | 270.67 | −0.048% | $297K | $450K | 25x | as long as short |
| Bybit TXNUSDT | 0.0000% | 8h | 270.67 | −0.048% | $166K | $60K | 25x | as long as short |
| Gate TXN_USDTlong | 0.0000% | 8h | 270.80 | long leg | $226K | $97K | 20x | |
| Bitget TXNUSDTshort | 0.0000% | 8h | 270.78 | −0.007% | $153K | $104K | 20x | |
| Variational Omni TXN | 0.0000% | 8h | 270.62 | −0.065% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | +0.093% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 270.58 | −0.081% | $4K | $36K | 10x | as long as short |
Gate TXN_USDT
Bitget TXNUSDT
Binance TXNUSDT
Bybit TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT