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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget B2USDT | 0.4948 | 0.0206 | pay 0.0103% / 4h | 3h 11m | $2.7M | $889K | 50x |
| Short | Gate B2_USDT | 0.4965 | 0.1050 | get 0.0525% / 4h | 3h 11m | $902K | $411K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 1 min ago | 7.06 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 12.93 bp | 50.7 bp −$51 | 216.8 bp −$2,168 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.4952 | +0.081% | $1.6M | $2.1M | 20x | as long as short |
| MEXC B2_USDT | +0.0168% | 4h | 0.4958 | +0.202% | $539K | $376K | 100x | as long as short |
| Binance B2USDT | +0.0169% | 4h | 0.4955 | +0.141% | $8.1M | $10.1M | 50x | as long as short |
| Bitget B2USDTlong | +0.0206% | 4h | 0.4948 | long leg | $2.7M | $889K | 50x | |
| BingX B2-USDT | +0.0222% | 4h | 0.4950 | +0.040% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0541% | 4h | 0.4956 | +0.165% | $155K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0587% | 4h | 0.4992 | +0.882% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.0768% | 4h | 0.4964 | +0.323% | $995K | $311K | 50x | as long as short |
| Gate B2_USDTshort | +0.1050% | 4h | 0.4965 | +0.344% | $902K | $411K | 20x |
Bitget B2USDT
Gate B2_USDT
Bybit B2USDT
MEXC B2_USDT
Binance B2USDT
BingX B2-USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM