Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget−0.042%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2152.149% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days−0.212%−$21 · spread now −0.042%, 7d avg −0.122%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.080% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4385 | 0.0100 | pay 0.0050% / 4h | 48m 31s | $1.9M | $251K | 10x |
| Short | Gate M_USDT | 1.4379 | 0.0100 | get 0.0100% / 8h | 4h 48m | $1.9M | $903K | 10x |
Bitget MUSDT
Gate M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.042% → −0.122%
- $8.05
- Slippage, 4 orders
- −$187.87
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$206.82
- Costs to cover
- 2.149%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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 Bitget live order book, 3 min ago | 9.04 bp | 54.5 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 9.75 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4385 | 0.000% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDTshort | +0.0100% | 8h | 1.4379 | −0.042% | $1.9M | $903K | 10x | |
| Bitget MUSDTlong | +0.0100% | 4h | 1.4385 | long leg | $1.9M | $251K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4390 | +0.035% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4418 | +0.229% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4426 | +0.285% | $2K | $754K | 20x | as long as short |
| Aster MUSDT | +0.0628% | 4h | 1.4395 | +0.073% | $15K | $87K | 5x | as long as short |
| Binance MUSDT | +0.0785% | 4h | 1.4380 | −0.035% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDT | +0.0804% | 4h | 1.4386 | +0.007% | $241K | $105K | 50x | as long as short |
| BloFin M-USDT | +0.0811% | 4h | 1.4377 | −0.056% | $362K | $441K | 10x | as long as short |
Bybit MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
Binance MUSDT
MEXC M_USDT
BloFin M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX M-USDT | +0.0814% | 4h | 1.4387 | +0.014% | — | $2.4M | — | as long as short |
| KuCoin MUSDTM | +0.2188% | 4h | 1.4254 | −0.913% | $1.4M | $4.0M | 10x | as long as short |
BingX M-USDT
KuCoin MUSDTM