Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.040%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$583as in the Funding arb table
Net, price: spread back to 7d avg − costs−$592as in the Price arb table
costs, in and out, $10k−$5925.917% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.040%, 7d avg +0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit IOUSDT | 0.1495 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $1.1M | $900K | 25x |
| Short | Gate IO_USDT | 0.1496 | 0.0100 | get 0.0050% / 4h | 2h 53m | $228K | $439K | 50x |
Bybit IOUSDT
Gate IO_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: +0.040% → +0.048%
- −$0.78
- Slippage, 4 orders
- −$565.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$592.46
- Costs to cover
- 5.917%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 58 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 Bybit live order book, 2 min ago | 6.69 bp | 87.1 bp −$87 | 726.7 bp −$7,267 | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 5.97 bp | 217.8 bp −$218 | doesn't fit | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IO-USDT | +0.0077% | 4h | 0.1497 | +0.100% | $192K | $39K | 50x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1498 | +0.147% | $1.0M | $361K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1497 | +0.088% | $23K | $47K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1498 | +0.167% | $3.0M | $6.4M | 50x | as long as short |
| Bybit IOUSDTlong | +0.0100% | 4h | 0.1495 | long leg | $1.1M | $900K | 25x | |
| Gate IO_USDTshort | +0.0100% | 4h | 0.1496 | +0.040% | $228K | $439K | 50x | |
| MEXC IO_USDT | +0.0100% | 4h | 0.1496 | +0.033% | $1.2M | $228K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1497 | +0.100% | $351K | $623K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1498 | +0.167% | $1.4M | $1.3M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1496 | +0.033% | — | $1.3M | — | as long as short |
BloFin IO-USDT
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1497 | +0.083% | $30K | $16K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1498 | +0.140% | $3K | $219K | 5x | as long as short |
| Injective IO/USDC PERP | +0.0619% | 1h | 0.1494 | −0.100% | $2K | $198 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +2.7354% | 1h | 0.1496 | +0.023% | $39K | $10K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
Injective IO/USDC PERP
Kraken Futures PF_IOUSD