Funding you earn now, next payment 23:00 UTC+0.5208%/8h= +570.3% APRnext payment +$6.51 per $10,000 · paid last 24h +0.520%
Price spread now: Bitget against Gate−0.016%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$790.795% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.016%, 7d avg +0.007%
=Funding pays, the price is against you. Bitget is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.007%). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$156 a day). At the pace of the last 7 days (+0.034% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.51 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 | Gate G_USDT | 0.006314 | −1.0856 | get 0.1357% / 1h | 33m 21s | $880K | $6.3M | 25x |
| Short | Bitget GUSDT | 0.006313 | −0.5648 | pay 0.0706% / 1h | 33m 21s | $1.4M | $11.1M | 50x |
Gate G_USDT
Bitget GUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1,093.68
- Price spread: −0.016% → +0.007%
- −$2.32
- Slippage, 4 orders
- −$52.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $1,011.87
- Costs to cover
- 0.795%
- Break-even
- 0.5 days
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 2.38 bp | 20.1 bp −$20 | 217.1 bp −$2,171 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.97 bp | 15.4 bp −$15 | 77.0 bp −$770 | doesn't fit | doesn't fit |
G on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDT | −1.1768% | 1h | 0.006312 | −0.032% | $4.1M | $1.5M | 20x | as long as short |
| Binance GUSDT | −1.1762% | 1h | 0.006312 | −0.032% | $8.9M | $87.3M | 50x | as long as short |
| Aster GUSDT | −1.1435% | 1h | 0.006312 | −0.032% | $620K | $2.2M | 5x | as long as short |
| Gate G_USDTlong | −1.0856% | 1h | 0.006314 | long leg | $880K | $6.3M | 25x | |
| KuCoin GUSDTM | −0.5848% | 1h | 0.006284 | −0.475% | $1.5M | $1.5M | 30x | as long as short |
| Bitget GUSDTshort | −0.5648% | 1h | 0.006313 | −0.016% | $1.4M | $11.1M | 50x | |
| BingX G-USDT | −0.2616% | 1h | 0.006311 | −0.048% | — | $3.2M | — | as long as short |
MEXC G_USDT
Binance GUSDT
Aster GUSDT
KuCoin GUSDTM
BingX G-USDT