Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit−0.036%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.036% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INITUSDT | 0.08322 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $1.4M | $1.7M | 25x |
| Short | Gate INIT_USDT | 0.08319 | 0.0100 | get 0.0100% / 8h | 2h 21m | $81K | $46K | 25x |
Bybit INITUSDT
Gate INIT_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
- $0
- Price spread: −0.036% → 0.000%
- −$3.6
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$29.6
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Gate: no order-book sample. Net counts fees only.
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, 5 min ago | 4.23 bp | 41.5 bp −$41 | 84.6 bp −$846 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08338 | +0.190% | $311K | $224K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08320 | −0.020% | $28K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08331 | +0.108% | $3.4M | $4.0M | 25x | as long as short |
| Bybit INITUSDTlong | +0.0100% | 4h | 0.08322 | long leg | $1.4M | $1.7M | 25x | |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08340 | +0.216% | $141K | $746K | 10x | as long as short |
| Gate INIT_USDTshort | +0.0100% | 8h | 0.08319 | −0.036% | $81K | $46K | 25x | |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08341 | +0.228% | $444K | $210K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08327 | +0.060% | $322K | $64K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08326 | +0.048% | $428K | $347K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08331 | +0.108% | — | $6.6M | — | as long as short |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
OKX INIT-USDT-SWAP
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDT
BingX INIT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08270 | −0.623% | $26K | $14K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0113% | 1h | 0.08324 | +0.021% | $5K | $24K | 10x | as long as short |
| BloFin INIT-USDT | +0.0157% | 4h | 0.08289 | −0.397% | $152K | $109K | 25x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD
BloFin INIT-USDT