Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Gate against Bybit+0.040%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$630as in the Funding arb table
Net, price: spread back to 7d avg − costs−$636as in the Price arb table
costs, in and out, $10k−$6386.376% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.040%, 7d avg +0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALTUSDT | 0.007557 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $1.2M | $1.8M | 25x |
| Short | Gate ALT_USDT | 0.007560 | 0.0100 | get 0.0100% / 8h | 2h 13m | $50K | $394K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.040% → +0.021%
- $1.88
- Slippage, 4 orders
- −$611.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$635.75
- Costs to cover
- 6.376%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 32 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 Bybit live order book, 3 min ago | 5.31 bp | 30.1 bp −$30 | 213.3 bp −$2,133 | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 3.30 bp | 205.4 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0472% | 1h | 0.007569 | +0.154% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007562 | +0.066% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +1.773% | $837 | $4K | 5.5x | as long as short |
| Variational Omni ALT | +0.0041% | 4h | 0.007540 | −0.228% | $4K | $16K | — | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007563 | +0.079% | $1.1M | $143K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007569 | +0.159% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDTlong | +0.0100% | 4h | 0.007557 | long leg | $1.2M | $1.8M | 25x | |
| Gate ALT_USDTshort | +0.0100% | 8h | 0.007560 | +0.040% | $50K | $394K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007568 | +0.146% | $380K | $172K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007557 | 0.000% | $145K | $19K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007556 | −0.013% | $607K | $132K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007562 | +0.066% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0158% | 4h | 0.007554 | −0.040% | $169K | $9K | 50x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0408% | 1h | 0.007691 | +1.773% | $14K | $3K | 50x | as long as short |
Bybit ALTUSDT
Gate ALT_USDT
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Variational Omni ALT
Hyperliquid ALT
Binance ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX