Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.007%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$757as in the Price arb table
costs, in and out, $10k−$7537.529% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.007%, 7d avg +0.036%
=Funding pays, the price is against you. Bitget is 0.043% cheaper against Gate than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.036%). If the spread goes back, that is −$4 on $10k: about 37 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XIAOMIHKD_USDT | 27.850 | 0.0200 | pay 0.0200% / 8h | 5h 13m | $463K | $245K | 20x |
| Short | Bitget XIAOMIHKDUSDT | 27.848 | 0.0293 | get 0.0293% / 8h | 5h 13m | $838K | $1.8M | 20x |
Gate XIAOMIHKD_USDT
Bitget XIAOMIHKDUSDTFunding 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
- $19.53
- Price spread: −0.007% → +0.036%
- −$4.3
- Slippage, 4 orders
- −$725.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$737.71
- Costs to cover
- 7.529%
- Break-even
- 271.4 days
Slippage from Gate: live order book, 47 min ago; Bitget: live order book, 3 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, 47 min ago | 10.88 bp | 374.8 bp −$375 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.27 bp | 31.9 bp −$32 | 80.1 bp −$801 | 135.3 bp −$13.5K | doesn't fit |
XIAOMIHKD on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XIAOMIHKD_USDTlong | +0.0200% | 8h | 27.850 | long leg | $463K | $245K | 20x | |
| KuCoin XIAOMIHKDUSDTM | +0.0238% | 8h | 27.870 | +0.072% | $27K | $166K | 20x | as long as short |
| Bitget XIAOMIHKDUSDTshort | +0.0293% | 8h | 27.848 | −0.007% | $838K | $1.8M | 20x |
KuCoin XIAOMIHKDUSDTM