Settings8H · net · $10k
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Funding arb · Price arb / RWA

XIAOMIHKD

RWAAll XIAOMIHKD markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateXIAOMIHKD_USDT
31.120−0.0200get 0.0200% / 8h4h 01m$794K$579K20xLong Gate
SHORT
BitgetXIAOMIHKDUSDT
31.144−0.0113pay 0.0113% / 8h4h 01m$1.4M$3.2M20xShort Bitget
Price gap+0.077%
Funding gap+0.0087% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.218% above its 7d average: +$22 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$11+0.0087% /8h now · paid −0.110% over the last 7D
Price+$22spread +0.077% now, avg −0.141% → +0.218% if it goes back
Costs−$5575.569% of $10k · taker + slippage, in and out
Result−$546−5.46%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+0.077%
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

2 ok · 3 to watch
  • Watch: Thin at this size218.2 / 45.5 bp
    At $10k entering Gate costs 218.2 bp, fee and slippage, 4.8× Bitget’s.
  • Note: Margin at max leverage$500 + $500
    Gate 20x, Bitget 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: +$2.61Long Gate: 3 payments, +$6.00; short Bitget: 3 payments, −$3.39.
  • OK: Entry gap works for you+0.077% vs −0.141%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$794K vs $1.4M OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · Bitget Yes
    KYC before the futures account opens; 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+0.077% → −0.141% (7d avg)+$21.82
Slippage, 4 orderslive order books−$529.87
Fee Gate bp × 2 orders−$15.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$546.01
Costs to cover5.569%Break-evennever at this rate
Slippage: Gate: live order book, 23 min ago; Bitget: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate19.16218.2 bp−$218doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget4.5045.5 bp−$4686.0 bp−$860292.3 bp−$29.2Kdoesn’t fit

Closing costs about the same again.

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