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

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.059%7-day average +0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3002.999% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.278%+$28 · spread now −0.059%, 7d avg +0.144%
Together, before fees+0.278%+$28 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 0.203% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.144%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit HUSDT0.067810.0100pay 0.0050% / 4h2h 01m$7.4M$4.7M13x
ShortGate H_USDT0.067770.0100get 0.0050% / 4h2h 01m$2.8M$1.9M10x

Funding 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 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: −0.059% → +0.144%
−$20.25
Slippage, 4 orders
−$273.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$320.13
Costs to cover
2.999%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 1 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 Bybit live order book, 1 min ago3.68 bp43.2 bp −$43214.0 bp −$2,140doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago2.21 bp141.9 bp −$142doesn't fitdoesn't fitdoesn't fit

H on 13 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
Injective H/USDC PERP+0.0033%1h0.06250−7.831%$1K$15.5xas long as short
Aster HUSDT+0.0100%4h0.06787+0.091%$112K$55K5xas long as short
Binance HUSDT+0.0100%4h0.06787+0.086%$14.6M$10.9M10xas long as short
Bybit HUSDTlong+0.0100%4h0.06781long leg$7.4M$4.7M13x
OKX H-USDT-SWAP+0.0100%4h0.06793+0.177%$1.8M$6.0M10xas long as short
Gate H_USDTshort+0.0100%4h0.06777−0.059%$2.8M$1.9M10x
MEXC H_USDT+0.0100%4h0.06786+0.074%$6.1M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.06782+0.015%$1.6M$10.0M8xas long as short
Bitget HUSDT+0.0100%4h0.06759−0.324%$1.7M$451K4xas long as short
BingX H-USDT+0.0100%4h0.06778−0.044%$2.7Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.06805+0.358%$8K$9Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06821+0.587%$1.1M$437K10xas long as short
Extended H-USD+0.0104%1h0.06785+0.059%$9K$102K5xas long as short