Settings8H · net · $10k
Funding arb · Price arb /

CORE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.491%+$49 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit COREUSDT0.02176−0.0292get 0.0292% / 8h5h 39m$1.4M$963K20x
ShortGate CORE_USDT0.02179−0.0315pay 0.0315% / 8h5h 39m$159K$173K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago4.59 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 17 min ago9.21 bp66.9 bp −$67doesn't fitdoesn't fitdoesn't fit

CORE on 6 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CORE_USDTshort−0.0315%8h0.02179+0.138%$159K$173K25x
Variational Omni CORE−0.0309%8h0.02178+0.095%$8K$918as long as short
Bybit COREUSDTlong−0.0292%8h0.02176long leg$1.4M$963K20x
OKX CORE-USDT-SWAP+0.0100%8h0.02182+0.276%$1.7M$4.4M20xas long as short
MEXC CORE_USDT+0.0151%8h0.02185+0.414%$820K$218K100xas long as short
BingX CORE-USDT+0.0151%8h0.02183+0.322%$1.3Mas long as short