Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.092%
Price spread now: Gate against Bitget+1.443%7-day average +1.533% · you sell dearer than you buy
Net, funding: paid 7d − costs−$922as in the Funding arb table
Net, price: spread back to 7d avg − costs−$967as in the Price arb table
costs, in and out, $10k−$9599.585% of the position
Funding, last 7 days+0.365%+$37 on $10k
+Price spread, last 4 days (all we have)−0.407%−$41 · spread now +1.443%, 7d avg +1.533%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.090% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +1.533%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZHIPUHKDUSDT | 741.40 | 0 | get 0.0000% / 8h | 7h 47m | $757K | $884K | 20x |
| Short | Gate ZHIPUHKD_USDT | 752.10 | 0 | get 0.0000% / 8h | 7h 47m | $306K | $12K | 20x |
Bitget ZHIPUHKDUSDT
Gate ZHIPUHKD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: +1.443% → +1.533%
- −$8.97
- Slippage, 4 orders
- −$931.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$967.5
- Costs to cover
- 9.585%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 53 min ago; Gate: live order book, 47 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 Bitget live order book, 53 min ago | 20.06 bp | 26.2 bp −$26 | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 20.44 bp | 449.6 bp −$450 | doesn't fit | doesn't fit | doesn't fit |
ZHIPUHKD on 2 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 ZHIPUHKD_USDTshort | 0.0000% | 8h | 752.10 | +1.443% | $306K | $12K | 20x | |
| Bitget ZHIPUHKDUSDTlong | 0.0000% | 8h | 741.40 | long leg | $757K | $884K | 20x |