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: Bitget against Gate−0.407%7-day average −1.533% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,389as in the Price arb table
costs, in and out, $10k−$3,50135.014% of the position
Funding, last 7 days−0.365%−$37 on $10k
+Price spread, last 4 days (all we have)−0.630%−$63 · spread now −0.407%, 7d avg −1.533%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 1.126% dearer against Gate than usual: you sell high and buy low, +$113 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 | Gate ZHIPUHKD_USDT | 744.80 | 0 | get 0.0000% / 8h | 7h 01m | $303K | $12K | 20x |
| Short | Bitget ZHIPUHKDUSDT | 741.77 | 0 | get 0.0000% / 8h | 7h 01m | $556K | $1.1M | 20x |
Gate ZHIPUHKD_USDT
Bitget ZHIPUHKDUSDTFunding 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
- $0
- Price spread: −0.407% → −1.533%
- $112.61
- Slippage, 4 orders
- −$3,474.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$3,388.82
- Costs to cover
- 35.014%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; Bitget: live order book, 4 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, 28 min ago | 19.50 bp | 3156.6 bp −$3,157 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 9.09 bp | 43.9 bp −$44 | 81.4 bp −$814 | 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_USDTlong | 0.0000% | 8h | 744.80 | long leg | $303K | $12K | 20x | |
| Bitget ZHIPUHKDUSDTshort | 0.0000% | 8h | 741.77 | −0.407% | $556K | $1.1M | 20x |