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: 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
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)−0.017%−$2 · spread now −0.007%, 7d avg +0.061%
Together, before fees−0.017%−$2 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TXN_USDT270.800get 0.0000% / 8h3h 31m$226K$97K20x
ShortBitget TXNUSDT270.780get 0.0000% / 8h3h 31m$153K$104K20x

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 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: −0.007% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 15 min ago5.53 bp104.2 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 13 min ago8.49 bp100.5 bp −$101124.6 bp −$1,246doesn'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%8h270.67−0.048%$297K$450K25xas long as short
Bybit TXNUSDT0.0000%8h270.67−0.048%$166K$60K25xas long as short
Gate TXN_USDTlong0.0000%8h270.80long leg$226K$97K20x
Bitget TXNUSDTshort0.0000%8h270.78−0.007%$153K$104K20x
Variational Omni TXN0.0000%8h270.62−0.065%$20K$13Kas long as short
Extended TXN-USD+0.0040%1h271.05+0.093%$41K$12K10xas long as short
HTX TXN-USDT+0.0100%8h270.58−0.081%$4K$36K10xas long as short