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: Bybit against Gate+0.056%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3943.942% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.056%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TXN_USDT | 270.20 | 0 | get 0.0000% / 8h | 2h 38m | $226K | $95K | 20x |
| Short | Bybit TXNUSDT | 270.35 | 0 | get 0.0000% / 8h | 2h 38m | $165K | $61K | 25x |
Gate TXN_USDT
Bybit TXNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.056% → +0.003%
- $5.21
- Slippage, 4 orders
- −$368.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$389.01
- Costs to cover
- 3.942%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 56 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, 3 min ago | 5.55 bp | 130.9 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 56 min ago | 12.93 bp | 95.7 bp −$96 | 239.4 bp −$2,394 | 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 | 270.25 | +0.018% | $286K | $469K | 25x | as long as short |
| Bybit TXNUSDTshort | 0.0000% | 8h | 270.35 | +0.056% | $165K | $61K | 25x | |
| Gate TXN_USDTlong | 0.0000% | 8h | 270.20 | long leg | $226K | $95K | 20x | |
| Bitget TXNUSDT | 0.0000% | 8h | 270.37 | +0.063% | $153K | $103K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 270.20 | −0.001% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | +0.315% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 269.67 | −0.196% | $4K | $36K | 10x | as long as short |
Binance TXNUSDT
Bitget TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT