Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG31.178−0.0099get 0.0099% / 8h3h 55m$1.5M$3.2M20xLong Bitget
SHORT31.200−0.0200pay 0.0200% / 8h3h 55m$796K$568K20xShort Gate
Price gap+0.071%
Funding gap−0.0101% /8h

Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.071% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11−0.0101% /8h now · paid +0.110% over the last 7D
Price−$7spread +0.071% now, avg +0.141% → −0.071% if it goes back
Costs−$5495.491% of $10k · taker + slippage, in and out
Result−$545−5.45%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.071%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XIAOMIHKD on 3 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size26.7 / 269.8 bp
    At $10k entering Gate costs 269.8 bp, fee and slippage, 10.1× Bitget’s.
  • Note: Margin at max leverage$500 + $500
    Bitget 20x, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$3.03Long Bitget: 3 payments, +$2.97; short Gate: 3 payments, −$6.00.
  • Watch: Gap narrower than usual+0.071% vs +0.141%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$796K vs $1.5M OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBitget Yes · Gate Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0052%/8h × 21 periods+$10.96
Price spread+0.071% → +0.141% (7d avg)−$7.07
Slippage, 4 orderslive order books−$522.07
Fee Bitget bp × 2 orders−$12.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$545.18
Costs to cover5.491%Break-even355.2 days
Slippage: Bitget: live order book, 4 min ago; Gate: live order book, 29 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBitget3.5326.7 bp−$2757.9 bp−$579196.5 bp−$19.7Kdoesn’t fit
SELL · SHORTGate19.16269.8 bp−$270doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert