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

ESP

all ESP markets
SwapBacktest
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: Bitget against Gate+0.065%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as 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)−0.016%−$2 · spread now +0.065%, 7d avg −0.006%
Together, before fees+0.340%+$34 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: Bitget is 0.071% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ESP_USDT0.093820.0100pay 0.0100% / 8h1h 42m$169K$607K50x
ShortBitget ESPUSDT0.093880.0100get 0.0050% / 4h1h 42m$956K$123K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.065% → −0.006%
$7.13
Slippage, 4 orders
−$188.35
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$208.22
Costs to cover
2.153%
Break-even
never at this rate
Slippage from Gate: live order book, 39 min ago; Bitget: live order book, 39 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, 39 min ago4.25 bp76.5 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 39 min ago14.31 bp28.0 bp −$28101.3 bp −$1,013doesn'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%4h0.09374−0.085%$121K$35K25xas long as short
Aster ESPUSDT+0.0100%4h0.09377−0.048%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09388+0.064%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09392+0.107%$593K$1.3M20xas long as short
Gate ESP_USDTlong+0.0100%8h0.09382long leg$169K$607K50x
MEXC ESP_USDT+0.0100%4h0.09389+0.075%$1.2M$104K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09389+0.075%$1.5M$52K25xas long as short
Bitget ESPUSDTshort+0.0100%4h0.09388+0.065%$956K$123K20x
edgeX ESPUSDC+0.0106%4h0.09372−0.105%$29K$270K10xas long as short
BingX ESP-USDT+0.3600%4h0.09384+0.021%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.3896%4h0.09365−0.181%$1.1M$586K50xas long as short