Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.23 per $10,000 · paid last 24h +0.024%
Price spread now: Gate against Bybit+0.138%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2002.003% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.510%+$51 · spread now +0.138%, 7d avg +0.124%
=The price spread sits at its 7-day average of +0.124%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COREUSDT | 0.02176 | −0.0292 | get 0.0292% / 8h | 5h 39m | $1.4M | $963K | 20x |
| Short | Gate CORE_USDT | 0.02179 | −0.0315 | pay 0.0315% / 8h | 5h 39m | $159K | $173K | 25x |
Funding 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
- −$4.92
- Price spread: +0.138% → +0.124%
- $1.36
- Slippage, 4 orders
- −$174.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$203.86
- Costs to cover
- 2.003%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 17 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 | 4.59 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 9.21 bp | 66.9 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CORE_USDTshort | −0.0315% | 8h | 0.02179 | +0.138% | $159K | $173K | 25x | |
| Variational Omni CORE | −0.0309% | 8h | 0.02178 | +0.095% | $8K | $918 | — | as long as short |
| Bybit COREUSDTlong | −0.0292% | 8h | 0.02176 | long leg | $1.4M | $963K | 20x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02182 | +0.276% | $1.7M | $4.4M | 20x | as long as short |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02185 | +0.414% | $820K | $218K | 100x | as long as short |
| BingX CORE-USDT | +0.0151% | 8h | 0.02183 | +0.322% | — | $1.3M | — | as long as short |
Bybit COREUSDT
Gate CORE_USDT
Variational Omni CORE
OKX CORE-USDT-SWAP
MEXC CORE_USDT
BingX CORE-USDT