Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Gate+0.007%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days+0.185%+$19 · spread now +0.007%, 7d avg +0.156%
=Funding pays, the price is against you. Bitget is 0.149% cheaper against Gate than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.156%). If the spread goes back, that is −$15 on $10k: about 16 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate UB_USDT | 0.1473 | 0.0068 | pay 0.0034% / 4h | 3h 58m | $1.5M | $3.1M | 25x |
| Short | Bitget UBUSDT | 0.1473 | 0.0100 | get 0.0050% / 4h | 3h 58m | $2.4M | $2.9M | 50x |
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
- $6.72
- Price spread: +0.007% → +0.156%
- −$14.93
- Slippage, 4 orders
- −$161.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$197.05
- Costs to cover
- 1.888%
- Break-even
- 212.3 days
Slippage from Gate: live order book, 4 min ago; Bitget: 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 Gate live order book, 4 min ago | 5.77 bp | 63.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.39 bp | 21.7 bp −$22 | 87.9 bp −$879 | doesn't fit | doesn't fit |
UB on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate UB_USDTlong | +0.0068% | 4h | 0.1473 | long leg | $1.5M | $3.1M | 25x | |
| KuCoin UBUSDTM | +0.0078% | 4h | 0.1473 | +0.015% | $1.0M | $970K | 20x | as long as short |
| BloFin UB-USDT | +0.0085% | 4h | 0.1474 | +0.081% | $159K | $823K | 50x | as long as short |
| Binance UBUSDT | +0.0100% | 4h | 0.1474 | +0.068% | $3.1M | $14.3M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1472 | −0.027% | $944K | $2.2M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1471 | −0.088% | $1.4M | $11.6M | 20x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1474 | +0.102% | $667K | $612K | 100x | as long as short |
| Bitget UBUSDTshort | +0.0100% | 4h | 0.1473 | +0.007% | $2.4M | $2.9M | 50x | |
| BingX UB-USDT | +0.0100% | 4h | 0.1472 | −0.081% | — | $2.6M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1474 | +0.095% | $422 | $8K | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UBUSDC | +0.0100% | 4h | 0.1477 | +0.297% | $37K | $273K | 10x | as long as short |
| HTX UB-USDT | +0.0100% | 4h | 0.1474 | +0.122% | $16K | $330K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1474 | +0.092% | $2K | $222K | 5x | as long as short |
| Aster UBUSDT | +0.0201% | 4h | 0.1474 | +0.118% | $400K | $113K | 5x | as long as short |
Gate UB_USDT
Bitget UBUSDT
KuCoin UBUSDTM
BloFin UB-USDT
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
MEXC UB_USDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT