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

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0844%/8h= +92.4% APRnext payment +$4.22 per $10,000 · paid last 24h +0.265%
Price spread now: Gate against Bitget+0.344%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1751.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.323%+$32 on $10k
Price spread, last 4 days (all we have)−0.666%−$67 · spread now +0.344%, 7d avg +0.051%
Together, before fees−0.342%−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Gate is 0.293% dearer against Bitget than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.051%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.323% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget B2USDT0.49480.0206pay 0.0103% / 4h3h 11m$2.7M$889K50x
ShortGate B2_USDT0.49650.1050get 0.0525% / 4h3h 11m$902K$411K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
$177.24
Price spread: +0.344% → +0.051%
$29.3
Slippage, 4 orders
−$148.23
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$31.3
Costs to cover
1.752%
Break-even
5.8 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 41 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 Bitget live order book, 1 min ago7.06 bp32.4 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 41 min ago12.93 bp50.7 bp −$51216.8 bp −$2,168doesn't fitdoesn't fit

B2 on 9 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
Bybit B2USDT+0.0100%4h0.4952+0.081%$1.6M$2.1M20xas long as short
MEXC B2_USDT+0.0168%4h0.4958+0.202%$539K$376K100xas long as short
Binance B2USDT+0.0169%4h0.4955+0.141%$8.1M$10.1M50xas long as short
Bitget B2USDTlong+0.0206%4h0.4948long leg$2.7M$889K50x
BingX B2-USDT+0.0222%4h0.4950+0.040%$1.4Mas long as short
Aster B2USDT+0.0541%4h0.4956+0.165%$155K$171K5xas long as short
Variational Omni B2+0.0587%4h0.4992+0.882%$14K$2Kas long as short
KuCoin B2USDTM+0.0768%4h0.4964+0.323%$995K$311K50xas long as short
Gate B2_USDTshort+0.1050%4h0.4965+0.344%$902K$411K20x