Funding you earn now, next payment 05:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.015%
Price spread now: Gate against dYdX−0.074%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.074%, 7d avg +0.002%
=Funding pays, the price is against you. Gate is 0.076% cheaper against dYdX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.002%). If the spread goes back, that is −$8 on $10k: about 3.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BTC-USD | 85,574.9 | 0.0029 | pay 0.0004% / 1h | 28m 17s | $16.8M | $21.2M | 50x |
| Short | Gate BTC_USDT | 85,511.8 | 0.0100 | get 0.0100% / 8h | 3h 28m | $5.54B | $10.81B | 200x |
dYdX BTC-USD
Gate BTC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against dYdX. 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
- $14.96
- Price spread: −0.074% → +0.002%
- −$7.58
- Slippage, 4 orders
- −$2.51
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$20.14
- Costs to cover
- 0.275%
- Break-even
- 16.4 days
Slippage from dYdX: live order book, 1 min ago; Gate: live order book, 6 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 dYdX live order book, 1 min ago | 0.35 bp | 6.8 bp −$7 | 10.1 bp −$101 | 19.5 bp −$1,953 | 22.1 bp −$11.1K |
| Sell Gate live order book, 6 min ago | 0.01 bp | 7.5 bp −$8 | 8.4 bp −$84 | 9.4 bp −$939 | 11.2 bp −$5,592 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0140% | 1h | 85,533 | −0.049% | $2.1M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,540 | −0.041% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0041% | 8h | 85,508.8 | −0.077% | $919.2M | $756.9M | 125x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,514.6 | −0.070% | $419.1M | $675.9M | 150x | as long as short |
| 01 Exchange BTCUSD | −0.0016% | 1h | 85,533.8 | −0.048% | $365K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,533.3 | −0.049% | $503K | $18.7M | 6.7x | as long as short |
| Aster BTCUSDT | +0.0002% | 8h | 85,504.9 | −0.082% | $514.9M | $1.10B | 200x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,521.1 | −0.063% | $36.5M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0005% | 1h | 85,524.4 | −0.059% | $24.6M | $223.3M | 50x | as long as short |
| dYdX BTC-USDlong | +0.0029% | 1h | 85,574.9 | long leg | $16.8M | $21.2M | 50x |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
01 Exchange BTCUSD
Perpl BTC
Aster BTCUSDT
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0044% | 1h | 85,514 | −0.071% | $339K | $26.9M | 52x | as long as short |
| Deribit BTC-PERPETUAL | +0.0058% | 1h | 85,547.6 | −0.032% | $884.5M | $1.59B | 50x | as long as short |
| BingX BTC-USDC | +0.0065% | 8h | 85,494.1 | −0.094% | — | $17.1M | — | as long as short |
| SoDEX BTC-USD | +0.0072% | 1h | 85,502 | −0.085% | $59.9M | $335.9M | 40x | as long as short |
| Phemex BTCUSDT | +0.0073% | 8h | 85,507.7 | −0.079% | $148.3M | $495.3M | 150x | as long as short |
| Bitget BTCUSDT | +0.0080% | 8h | 85,500.9 | −0.086% | $2.95B | $5.12B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,520.7 | −0.063% | $172.0M | $1.02B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,538.6 | −0.042% | $24.0M | $148.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,520 | −0.064% | $8.4M | $54.9M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,493.7 | −0.095% | $2.7M | $2.0M | 20x | as long as short |
| Reya BTCRUSDPERP | +0.0099% | 1h | 85,511.5 | −0.074% | $6.6M | $147.1M | 40x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,520 | −0.064% | $208K | $8.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,549.3 | −0.030% | $5.7M | $9.4M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,599 | +0.028% | $3.79B | $5.02B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,563.2 | −0.014% | $40.1M | $588.0M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,505.7 | −0.081% | $9.42B | $24.41B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,502.1 | −0.085% | $5.18B | $9.86B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,510 | −0.076% | $2.59B | $12.13B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,522 | −0.062% | $3.8M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,527.7 | −0.055% | $4.7M | $100.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,517.4 | −0.067% | $680.3M | $725.5M | 40x | as long as short |
| Gate BTC_USDTshort | +0.0100% | 8h | 85,511.8 | −0.074% | $5.54B | $10.81B | 200x | |
| MEXC BTC_USDT | +0.0100% | 8h | 85,512.9 | −0.072% | $5.08B | $5.66B | 500x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,508.2 | −0.078% | $36.2M | $179.0M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,584.9 | +0.012% | $154.4M | $565.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,523.9 | −0.060% | $279.4M | $928.0M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,590.3 | +0.018% | $215.1M | $168.8M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,591 | +0.019% | $139.9M | $315.5M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,549 | −0.030% | $30.2M | $207.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,583.4 | +0.010% | — | $11.2M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,519 | −0.065% | $11.1M | $14.3M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,510 | −0.076% | $197K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,506.9 | −0.079% | $2.4M | $8.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,546.9 | −0.033% | $207K | $738K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,498.3 | −0.090% | $30.0M | $50.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,501.2 | −0.086% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,499.9 | −0.088% | $2.26B | $948.6M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,472.8 | −0.119% | $45.0M | $233.6M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 85,533.5 | −0.048% | — | $107.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,539.2 | −0.042% | $117.3M | $5.25B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0135% | 1h | 85,524.8 | −0.058% | $187.7M | $954.6M | 100x | as long as short |
| RISEx BTC/USDC | +0.0174% | 1h | 85,568.4 | −0.008% | $8.7M | $42.9M | 25x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0176% / S −0.0149% | 1h | 85,521.6 | −0.062% | $13.1M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0197% | 8h | 85,557 | −0.021% | $11.7M | $754.6M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.0246% | 1h | 85,550.3 | −0.029% | $78K | $221K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0248% | 1h | 85,568 | −0.008% | $697K | $7.9M | 30x | as long as short |
Injective BTC/USDC PERP
Deribit BTC-PERPETUAL
BingX BTC-USDC
SoDEX BTC-USD
Phemex BTCUSDT
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Reya BTCRUSDPERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
MEXC BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
RISEx BTC/USDC
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P