Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bybit against Gate+0.059%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1821.821% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.059%, 7d avg +0.134%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.075% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EDU_USDT | 0.05119 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $106K | $21K | 50x |
| Short | Bybit EDUUSDT | 0.05122 | 0.0100 | get 0.0100% / 8h | 4h 46m | $510K | $244K | 5x |
Gate EDU_USDT
Bybit EDUUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.059% → +0.134%
- −$7.53
- Slippage, 4 orders
- −$156.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.63
- Costs to cover
- 1.821%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 4.88 bp | 56.3 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.87 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
EDU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05122 | +0.054% | $1K | $9K | 5x | as long as short |
| Binance EDUUSDT | +0.0100% | 8h | 0.05125 | +0.117% | $4.2M | $1.9M | 50x | as long as short |
| Bybit EDUUSDTshort | +0.0100% | 8h | 0.05122 | +0.059% | $510K | $244K | 5x | |
| Gate EDU_USDTlong | +0.0100% | 8h | 0.05119 | long leg | $106K | $21K | 50x | |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05123 | +0.078% | $3.5M | $246K | 50x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05121 | +0.039% | — | $2.3M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05144 | +0.481% | $5K | $27 | — | as long as short |
| KuCoin EDUUSDTM | +0.0533% | 8h | 0.05133 | +0.273% | $78K | $30K | 30x | as long as short |
Aster EDUUSDT
Binance EDUUSDT
MEXC EDU_USDT
BingX EDU-USDT
Variational Omni EDU
KuCoin EDUUSDTM