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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.050%7-day average −0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$783as in the Funding arb table
Net, price: spread back to 7d avg − costs−$758as in the Price arb table
costs, in and out, $10k−$7777.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.050%, 7d avg −0.137%
Together, before fees−0.233%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.187% dearer against Gate than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DEEP_USDT0.020080.0100pay 0.0050% / 4h4m 33s$308K$99K50x
ShortBybit DEEPUSDT0.020090.0100get 0.0100% / 8h4m 33s$4.3M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$0
Price spread: +0.050% → −0.137%
$18.67
Slippage, 4 orders
−$751.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$758.5
Costs to cover
7.772%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: live order book, 3 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 Gate live order book, 5 min ago7.49 bp282.5 bp −$283doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago5.00 bp36.4 bp −$36197.4 bp −$1,974doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.2296%1h0.01992−0.797%$81K$17K20xas long as short
Binance DEEPUSDT+0.0100%4h0.02015+0.349%$2.1M$6.1M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.02009+0.050%$4.3M$2.7M50x
Gate DEEP_USDTlong+0.0100%4h0.02008long leg$308K$99K50x
MEXC DEEP_USDT+0.0100%4h0.02013+0.249%$1.1M$558K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.02011+0.149%$1.8M$94K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.02015+0.349%$863K$608K50xas long as short
Variational Omni DEEP+0.0100%8h0.01997−0.561%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.02014+0.279%$5K$221K5xas long as short
BloFin DEEP-USDT+0.0116%8h0.02000−0.398%$139K$35K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.02014+0.299%$6.6Mas long as short
Kraken Futures PF_DEEPUSD+1.3415%1h0.02031+1.123%$8K$7K10xas long as short