Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.54 per $10,000 · paid last 24h +0.012%
Price spread now: Gate against Bybit+0.073%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.073%, 7d avg +0.019%
=The price spread pays, funding is against you. Gate is 0.054% dearer against Bybit than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.019%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.034% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2193 | −0.0045 | get 0.0045% / 8h | 4h 40m | $55.6M | $126.0M | 50x |
| Short | Gate ARB_USDT | 0.2195 | −0.0099 | pay 0.0099% / 8h | 4h 40m | $5.3M | $18.7M | 60x |
Bybit ARBUSDT
Gate ARB_USDTFunding 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
- −$11.26
- Price spread: +0.073% → +0.019%
- $5.4
- Slippage, 4 orders
- −$29.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.83
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 0.23 bp | 9.1 bp −$9 | 20.5 bp −$205 | 51.0 bp −$5,096 | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.59 bp | 16.9 bp −$17 | 27.0 bp −$270 | 89.2 bp −$8,917 | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1649% | 1h | 0.2189 | −0.178% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2194 | +0.032% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0152% | 1h | 0.2193 | 0.000% | $91K | $2.2M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0134% | 8h | 0.2192 | −0.032% | $22.2M | $147.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2193 | +0.005% | $40.4M | $59.7M | 200x | as long as short |
| Variational Omni ARB | −0.0115% | 8h | 0.2194 | +0.052% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDTshort | −0.0099% | 8h | 0.2195 | +0.073% | $5.3M | $18.7M | 60x | |
| Orderly PERP_ARB_USDC | −0.0077% | 8h | 0.2195 | +0.096% | $12K | $390K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0045% | 8h | 0.2193 | long leg | $55.6M | $126.0M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2195 | +0.115% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2196 | +0.146% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2195 | +0.114% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2195 | +0.115% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2193 | +0.003% | $350K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0008% | 8h | 0.2194 | +0.070% | $64.0M | $306.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0034% | 8h | 0.2195 | +0.096% | $3.1M | $2.6M | 75x | as long as short |
| SoDEX ARB-USD | +0.0039% | 1h | 0.2195 | +0.082% | $10K | $2.3M | 5x | as long as short |
| Bitget ARBUSDT | +0.0064% | 8h | 0.2193 | +0.005% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2192 | −0.046% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2195 | +0.078% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2195 | +0.082% | $1.2M | $5.7M | 15x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | +0.096% | $4.9M | $12.8M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.087% | $38.0M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.211% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2195 | +0.114% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.082% | $19.4M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2199 | +0.266% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.368% | $469K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2200 | +0.324% | $120K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.233% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.187% | $298K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2197 | +0.187% | $491K | $1.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2195 | +0.109% | $475K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2195 | +0.113% | $820K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2192 | −0.021% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0603% | 1h | 0.2198 | +0.223% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Phemex ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP