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

ESP

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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: Gate against Bitget−0.073%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2152.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.356%−$36 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.073%, 7d avg +0.006%
Together, before fees−0.332%−$33 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: Gate is 0.079% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ESPUSDT0.093790.0100pay 0.0050% / 4h1h 43m$955K$123K20x
ShortGate ESP_USDT0.093720.0100get 0.0100% / 8h1h 43m$169K$607K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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: −0.073% → +0.006%
−$7.88
Slippage, 4 orders
−$188.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$223.23
Costs to cover
2.153%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; Gate: live order book, 38 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 Bitget live order book, 38 min ago14.31 bp25.5 bp −$2594.0 bp −$940doesn't fitdoesn't fit
Sell Gate live order book, 38 min ago4.25 bp85.4 bp −$85doesn't fitdoesn't fitdoesn't fit

ESP on 11 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
BloFin ESP-USDT+0.0076%4h0.09374−0.051%$121K$35K25xas long as short
Aster ESPUSDT+0.0100%4h0.09375−0.045%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09377−0.022%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09382+0.034%$593K$1.3M20xas long as short
Gate ESP_USDTshort+0.0100%8h0.09372−0.073%$169K$607K50x
MEXC ESP_USDT+0.0100%4h0.09376−0.030%$1.2M$104K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09372−0.073%$1.5M$52K25xas long as short
Bitget ESPUSDTlong+0.0100%4h0.09379long leg$955K$123K20x
edgeX ESPUSDC+0.0106%4h0.09372−0.071%$29K$270K10xas long as short
BingX ESP-USDT+0.3398%4h0.09374−0.051%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.3831%4h0.09357−0.232%$1.1M$585K50xas long as short