Funding you earn now, next payment 08:00 UTC+0.0983%/8h= +107.6% APRnext payment +$9.83 per $10,000 · paid last 24h +0.034%
Price spread now: Gate against Bitget+0.403%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1531.529% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.403%, 7d avg +0.126%
=Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Gate is 0.277% dearer against Bitget than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.126%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.83 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 CELRUSDT | 0.003226 | −0.5654 | get 0.5654% / 8h | 7h 12m | $581K | $5.5M | 25x |
| Short | Gate CELR_USDT | 0.003239 | −0.4671 | pay 0.4671% / 8h | 7h 12m | $223K | $1.3M | 25x |
Bitget CELRUSDT
Gate CELR_USDTFunding 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
- $206.43
- Price spread: +0.403% → +0.126%
- $27.7
- Slippage, 4 orders
- −$125.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $81.22
- Costs to cover
- 1.529%
- Break-even
- 4.2 days
Slippage from Bitget: live order book, 6 min ago; Gate: live order book, 5 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, 6 min ago | 3.09 bp | 22.5 bp −$23 | 87.0 bp −$870 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 6.16 bp | 56.9 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
CELR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CELR-USDT | −0.6252% | 8h | 0.003236 | +0.310% | $353K | $467K | 25x | as long as short |
| MEXC CELR_USDT | −0.6239% | 8h | 0.003228 | +0.062% | $580K | $1.7M | 50x | as long as short |
| Binance CELRUSDT | −0.6223% | 8h | 0.003230 | +0.130% | $3.7M | $53.2M | 25x | as long as short |
| KuCoin CELRUSDTM | −0.5898% | 8h | 0.003232 | +0.186% | $430K | $4.3M | 25x | as long as short |
| Bitget CELRUSDTlong | −0.5654% | 8h | 0.003226 | long leg | $581K | $5.5M | 25x | |
| Gate CELR_USDTshort | −0.4671% | 8h | 0.003239 | +0.403% | $223K | $1.3M | 25x | |
| Kraken Futures PF_CELRUSD | −0.4570% | 1h | 0.003224 | −0.067% | $35K | $61K | 10x | as long as short |
| BingX CELR-USDT | −0.3983% | 8h | 0.003232 | +0.186% | — | $2.7M | — | as long as short |
BloFin CELR-USDT
MEXC CELR_USDT
Binance CELRUSDT
KuCoin CELRUSDTM
Kraken Futures PF_CELRUSD
BingX CELR-USDT