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

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against Gate−0.101%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$5545.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.101%, 7d avg +0.058%
Together, before fees+0.106%+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.159% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ACT_USDT0.010920.0100pay 0.0050% / 4h48m 39s$140K$83K25x
ShortBybit ACTUSDT0.010910.0100get 0.0050% / 4h48m 39s$594K$426K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.101% → +0.058%
−$15.87
Slippage, 4 orders
−$528.29
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$570.16
Costs to cover
5.543%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago9.15 bp122.8 bp −$123doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.04 bp127.6 bp −$128doesn't fitdoesn't fitdoesn't fit

ACT on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ACTUSDT+0.0100%4h0.01090−0.220%$2.1M$2.3M10xas long as short
Bybit ACTUSDTshort+0.0100%4h0.01091−0.101%$594K$426K25x
OKX ACT-USDT-SWAP+0.0100%4h0.01091−0.082%$778K$1.4M10xas long as short
Gate ACT_USDTlong+0.0100%4h0.01092long leg$140K$83K25x
MEXC ACT_USDT+0.0100%4h0.01089−0.266%$6.3M$112K20xas long as short
Bitget ACTUSDT+0.0100%4h0.01090−0.183%$261K$90K10xas long as short
BingX ACT-USDT+0.0108%4h0.01091−0.046%$1.2Mas long as short