MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1900%/8h= −208.0% APRnext payment −$9.50 per $10,000 · paid last 24h −0.160%

Price spread now: Bybit against Gate−0.472%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1281.281% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.409%−$41 on $10k

Price spread, last 7 days+0.507%+$51 · spread now −0.472%, 7d avg −0.096%

Together, before fees+0.098%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$57 a day on $10k at the current rate, and Bybit is 0.376% cheaper against Gate than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.096%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.409% in total (about -21.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.50 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 MUBARAK_USDT	0.05488	0.2400	pay 0.1200% / 4h	2h 12m	$9.5M	$8.7M	50x
Short	Bybit MUBARAKUSDT	0.05462	0.0500	get 0.0250% / 4h	2h 12m	$4.9M	$19.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now −0.472%Rate

Funding earned: −$398.96
Price spread: −0.472% → −0.096%: −$37.56
Slippage, 4 orders: −$102.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$564.63
Costs to cover: 1.281%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 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, 1 min ago	6.37 bp	31.6 bp −$32	281.1 bp −$2,811	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	4.39 bp	35.2 bp −$35	155.6 bp −$1,556	doesn't fit	doesn't fit

MUBARAK on 11 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
Kraken Futures PF_MUBARAKUSD	−0.0845%	1h	0.05455	−0.594%	$72K	$581K	10x	as long as short
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.05451	−0.672%	$3.9M	$94.2M	20x	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.05375	−2.060%	$11K	$63K	—	as long as short
MEXC MUBARAK_USDT	+0.0424%	4h	0.05466	−0.401%	$1.4M	$2.0M	50x	as long as short
Binance MUBARAKUSDT	+0.0433%	4h	0.05470	−0.323%	$23.1M	$149.6M	25x	as long as short
Bybit MUBARAKUSDTshort	+0.0500%	4h	0.05462	−0.472%	$4.9M	$19.2M	25x
Bitget MUBARAKUSDT	+0.0532%	4h	0.05474	−0.255%	$3.7M	$13.2M	25x	as long as short
Aster MUBARAKUSDT	+0.0550%	4h	0.05467	−0.375%	$12K	$671K	5x	as long as short
BingX MUBARAK-USDT	+0.0646%	4h	0.05474	−0.255%	—	$3.8M	—	as long as short
KuCoin MUBARAKUSDTM	+0.0946%	4h	0.05485	−0.055%	$2.7M	$2.2M	30x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MUBARAK_USDTlong	+0.2400%	4h	0.05488	long leg	$9.5M	$8.7M	50x