Funding you earn now, next payment 04:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.114%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$572as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5785.781% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.114%, 7d avg −0.094%
=Funding pays, the price is against you. Gate is 0.020% cheaper against Bybit than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.094%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.059% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.56 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 | Bybit EPICUSDT | 0.6127 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.2M | $5.0M | 25x |
| Short | Gate EPIC_USDT | 0.6120 | 0.0612 | get 0.0306% / 4h | 2h 00m | $529K | $1.5M | 25x |
Bybit EPICUSDT
Gate EPIC_USDTFunding 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
- $107.52
- Price spread: −0.114% → −0.094%
- −$2.03
- Slippage, 4 orders
- −$552.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$472.63
- Costs to cover
- 5.781%
- Break-even
- 37.8 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago | 4.08 bp | 39.9 bp −$40 | 415.3 bp −$4,153 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 11.45 bp | 316.3 bp −$316 | doesn't fit | doesn't fit | doesn't fit |
EPIC 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDT | +0.0070% | 4h | 0.6117 | −0.163% | — | $2.5M | — | as long as short |
| Binance EPICUSDT | +0.0100% | 4h | 0.6120 | −0.114% | $6.2M | $23.9M | 20x | as long as short |
| Bybit EPICUSDTlong | +0.0100% | 4h | 0.6127 | long leg | $1.2M | $5.0M | 25x | |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6120 | −0.114% | $257K | $318K | 20x | as long as short |
| Bitget EPICUSDT | +0.0126% | 4h | 0.6120 | −0.114% | $5.3M | $3.3M | 10x | as long as short |
| Gate EPIC_USDTshort | +0.0612% | 4h | 0.6120 | −0.114% | $529K | $1.5M | 25x |
BingX EPIC-USDT
Binance EPICUSDT
MEXC EPIC_USDT
Bitget EPICUSDT