Funding you earn now, next payment 04:00 UTC+0.1878%/8h= +205.6% APRnext payment +$9.39 per $10,000 · paid last 24h +0.306%
Price spread now: Gate against Bybit+0.305%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 4 days (all we have)−0.390%−$39 · spread now +0.305%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and Gate is 0.270% dearer against Bybit than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.035%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.301% in total (about 15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.39 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 | Bybit B2USDT | 0.4918 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $1.5M | $2.6M | 20x |
| Short | Gate B2_USDT | 0.4933 | 0.1978 | get 0.0989% / 4h | 3h 09m | $858K | $435K | 20x |
Bybit B2USDT
Gate B2_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
- $394.38
- Price spread: +0.305% → +0.035%
- $27.03
- Slippage, 4 orders
- −$152.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $243.05
- Costs to cover
- 1.784%
- Break-even
- 2.7 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 62 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, 2 min ago | 3.05 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 12.33 bp | 50.2 bp −$50 | 233.5 bp −$2,335 | 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 B2USDTlong | +0.0100% | 4h | 0.4918 | long leg | $1.5M | $2.6M | 20x | |
| MEXC B2_USDT | +0.0852% | 4h | 0.4925 | +0.142% | $562K | $515K | 100x | as long as short |
| Binance B2USDT | +0.0856% | 4h | 0.4924 | +0.122% | $7.9M | $12.2M | 50x | as long as short |
| Aster B2USDT | +0.0884% | 4h | 0.4920 | +0.041% | $153K | $170K | 5x | as long as short |
| BingX B2-USDT | +0.0928% | 4h | 0.4923 | +0.102% | — | $1.4M | — | as long as short |
| Bitget B2USDT | +0.0962% | 4h | 0.4926 | +0.163% | $2.7M | $1.3M | 50x | as long as short |
| KuCoin B2USDTM | +0.1380% | 4h | 0.4926 | +0.163% | $1.0M | $307K | 50x | as long as short |
| Variational Omni B2 | +0.1474% | 4h | 0.4915 | −0.067% | $14K | $2K | — | as long as short |
| Gate B2_USDTshort | +0.1978% | 4h | 0.4933 | +0.305% | $858K | $435K | 20x |
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
BingX B2-USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2