Funding you earn now, next payment 08:00 UTC+0.0616%/8h= +67.5% APRnext payment +$3.08 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against Gate−0.232%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1631.628% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 7 days+0.250%+$25 · spread now −0.232%, 7d avg −0.006%
=Funding pays, the price is against you. Bitget is 0.226% cheaper against Gate than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of −0.006%). If the spread goes back, that is −$23 on $10k: about 29 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 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 | Gate BANK_USDT | 0.03449 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $719K | $1.3M | 10x |
| Short | Bitget BANKUSDT | 0.03441 | 0.0716 | get 0.0358% / 4h | 2h 33m | $2.8M | $3.5M | 25x |
Gate BANK_USDT
Bitget BANKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $129.36
- Price spread: −0.232% → −0.006%
- −$22.63
- Slippage, 4 orders
- −$135.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$56.04
- Costs to cover
- 1.628%
- Break-even
- 10.0 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 4 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 Gate live order book, 3 min ago | 5.81 bp | 51.8 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.36 bp | 23.0 bp −$23 | 243.6 bp −$2,436 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03448 | −0.015% | $54K | $93K | 5x | as long as short |
| Gate BANK_USDTlong | +0.0100% | 4h | 0.03449 | long leg | $719K | $1.3M | 10x | |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03447 | −0.058% | $1.1M | $175K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03447 | −0.058% | $40K | $231K | 20x | as long as short |
| MEXC BANK_USDT | +0.0272% | 4h | 0.03448 | −0.029% | $2.5M | $509K | 20x | as long as short |
| Binance BANKUSDT | +0.0272% | 4h | 0.03447 | −0.054% | $7.5M | $31.2M | 50x | as long as short |
| edgeX BANKUSDC | +0.0272% | 4h | 0.03442 | −0.217% | $1K | $246K | 5x | as long as short |
| BloFin BANK-USDT | +0.0512% | 4h | 0.03451 | +0.058% | $440K | $82K | 50x | as long as short |
| Bybit BANKUSDT | +0.0599% | 4h | 0.03450 | +0.029% | $2.8M | $6.5M | 20x | as long as short |
| BingX BANK-USDT | +0.0668% | 4h | 0.03448 | −0.029% | — | $6.9M | — | as long as short |
Aster BANKUSDT
KuCoin BANKUSDTM
HTX BANK-USDT
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
BloFin BANK-USDT
Bybit BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDTshort | +0.0716% | 4h | 0.03441 | −0.232% | $2.8M | $3.5M | 25x |