Settings8H · net · $10k
Funding arb · Price arb /

PUNDIX

all PUNDIX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.067%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.067% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PUNDIXUSDT0.11910.0100pay 0.0050% / 4h2h 12m$236K$229K20x
ShortGate PUNDIX_USDT0.11920.0100get 0.0050% / 4h2h 12m$38K$5K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.067% → 0.000%
$6.72
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$20.28
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.26 bp46.2 bp −$46239.7 bp −$2,397doesn't fitdoesn'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.

PUNDIX on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PUNDIX-USDT+0.0070%4h0.1193+0.151%$1.2Mas long as short
Binance PUNDIXUSDT+0.0100%4h0.1192+0.032%$1.4M$1.7M50xas long as short
Bybit PUNDIXUSDT+0.0100%4h0.1195+0.294%$777K$382K20xas long as short
Gate PUNDIX_USDTshort+0.0100%4h0.1192+0.067%$38K$5K20x
MEXC PUNDIX_USDT+0.0100%4h0.1192+0.025%$2.4M$106K50xas long as short
Bitget PUNDIXUSDTlong+0.0100%4h0.1191long leg$236K$229K20x
Variational Omni PUNDIX+0.0100%4h0.1195+0.306%$87$59Kas long as short