Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 443.95 | 0 | 0.0000% / 8h | 7m 46s | $236K | $28K | 20x | Long Gate | |
| SHORT | 438.22 | +0.0166 | get 0.0166% / 8h | 7m 46s | $447K | $2.5M | 20x | Short Bitget |
Price gap−1.290%
Funding gap+0.0166% /8h
Funding pays +$5 a day on $10k, but the gap is 0.668% under its 7d average: −$67 if it goes back, about 13 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7+0.0166% /8h now · paid −0.067% over the last 7D
Price−$67spread −1.290% now, avg −0.622% → −0.668% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$73−0.73%no pointscosts unknown: book too thin at $10k ·
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.290%
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
/8hZHIPUHKD on 2 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Gate’s order book right now.
- Note: Margin at max leverage$500 + $500Gate 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$4.98Long Gate: 3 payments, $0.00; short Bitget: 3 payments, +$4.98.
- Watch: Gap narrower than usual−1.290% vs −0.622%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$236K vs $447K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Bitget YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0032%/8h × 21 periods−$6.69
Price spread−1.290% → −0.622% (7d avg)−$66.78
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Gate bp × 2 orders−$15.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Gate: live order book, 33 min ago; Bitget: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate33.34doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget7.4261.2 bp−$61100.0 bp−$1,000doesn’t fitdoesn’t fit
Closing costs about the same again.