Funding you earn now, next payment 00:00 UTC−0.0643%/8h= −70.4% APRnext payment −$3.21 per $10,000 · paid last 24h −0.143%
Price spread now: Bybit against Gate−0.122%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3393.388% of the position
Funding, last 4 days (all we have)+0.537%+$54 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.122%, 7d avg −0.053%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bybit is 0.069% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.053%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.537%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STONK_USDT | 0.3684 | 0.1826 | pay 0.0913% / 4h | 1h 25m | $863K | $1.7M | 10x |
| Short | Bybit STONKUSDT | 0.3679 | 0.1183 | get 0.0592% / 4h | 1h 25m | $1.5M | $7.0M | 5x |
Gate STONK_USDT
Bybit STONKUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$134.95
- Price spread: −0.122% → −0.053%
- −$6.87
- Slippage, 4 orders
- −$312.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$480.64
- Costs to cover
- 3.388%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 11.25 bp | 106.9 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.41 bp | 60.2 bp −$60 | 215.1 bp −$2,151 | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | −0.0890% | 4h | 0.3677 | −0.179% | $848K | $1.1M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3674 | −0.247% | $328K | $2.8M | 10x | as long as short |
| BingX STONK-USDT | +0.1066% | 4h | 0.3684 | +0.014% | — | $950K | — | as long as short |
| Bybit STONKUSDTshort | +0.1183% | 4h | 0.3679 | −0.122% | $1.5M | $7.0M | 5x | |
| BloFin STONK-USDT | +0.1489% | 4h | 0.3686 | +0.068% | $89K | $238K | 5x | as long as short |
| Phoenix STONK | +0.1531% | 1h | 0.3697 | +0.364% | $192K | $231K | 3x | as long as short |
| Gate STONK_USDTlong | +0.1826% | 4h | 0.3684 | long leg | $863K | $1.7M | 10x | |
| Aster STONKUSDT | +0.2627% | 1h | 0.3685 | +0.050% | $485K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.4984% | 1h | 0.3700 | +0.445% | $431K | $629K | 5x | as long as short |
MEXC STONK_USDT
Bitget STONKUSDT
BingX STONK-USDT
BloFin STONK-USDT
Phoenix STONK
Aster STONKUSDT
Lighter STONK