Funding you earn now, next payment 03:00 UTC+0.0589%/8h= +64.5% APRpaid last 24h −0.442%
Price spread now: Bitget against Gate+1.654%7-day average +2.580% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,468as in the Funding arb table
Net, price: spread back to 7d avg − costs−$739as in the Price arb table
costs, in and out, $10k−$6466.462% of the position
Funding, last 7 days−8.221%−$822 on $10k
+Price spread, last 7 days−1.305%−$131 · spread now +1.654%, 7d avg +2.580%
=Funding pays, the price is against you. Bitget is 0.926% cheaper against Gate than usual: you would sell low and buy high (spread +1.654% now, against its 7-day average of +2.580%). If the spread goes back, that is −$93 on $10k: about 5.2 days of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −8.221%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONE_USDT | 0.004201 | −0.1581 | get 0.1581% / 8h | 5h 41m | $1.7M | $15.4M | 20x |
| Short | Bitget ONEUSDT | 0.004270 | −0.0992 | pay 0.0124% / 1h | 41m 00s | $2.0M | $35.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $123.69
- Price spread: +1.654% → +2.580%
- −$92.56
- Slippage, 4 orders
- −$619.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$615.04
- Costs to cover
- 6.462%
- Break-even
- 41.8 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 3.57 bp | 367.6 bp −$368 | 1749.7 bp −$17.5K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.25 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −3.1347% | 1h | 0.005291 | +25.939% | $6.3M | $274.4M | 10x | as long as short |
| Variational Omni ONE | −0.4049% | 1h | 0.004242 | +0.977% | $103K | $55K | — | as long as short |
| Aster ONEUSDT | −0.1693% | 1h | 0.004227 | +0.619% | $2.2M | $5.7M | 5x | as long as short |
| Gate ONE_USDTlong | −0.1581% | 8h | 0.004201 | long leg | $1.7M | $15.4M | 20x | |
| BloFin ONE-USDT | −0.1125% | 1h | 0.004231 | +0.707% | $824K | $3.0M | 50x | as long as short |
| Bitget ONEUSDTshort | −0.0992% | 1h | 0.004270 | +1.654% | $2.0M | $35.1M | 20x | |
| Binance ONEUSDT | −0.0281% | 1h | 0.004238 | +0.871% | $14.5M | $353.8M | 50x | as long as short |
| MEXC ONE_USDT | −0.0280% | 1h | 0.004240 | +0.928% | $11.5M | $16.2M | 20x | as long as short |
| BingX ONE-USDT | −0.0016% | 1h | 0.004291 | +2.152% | — | $6.4M | — | as long as short |
| KuCoin ONEUSDTM | +0.6488% | 1h | 0.004429 | +5.427% | $4.3M | $13.1M | 30x | as long as short |
Gate ONE_USDT
Bitget ONEUSDT
OKX ONE-USDT-SWAP
Variational Omni ONE
Aster ONEUSDT
BloFin ONE-USDT
Binance ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM