Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Bybit against Gate+0.128%7-day average +0.421% · you sell dearer than you buy
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4324.324% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 7 days+0.395%+$40 · spread now +0.128%, 7d avg +0.421%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.292% cheaper against Gate than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.421%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate US_USDT | 0.01636 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $2.1M | $592K | 20x |
| Short | Bybit USUSDT | 0.01638 | 0.0100 | get 0.0050% / 4h | 1h 37m | $3.2M | $917K | 20x |
Gate US_USDT
Bybit USUSDTFunding 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
- $0
- Price spread: +0.128% → +0.421%
- −$29.24
- Slippage, 4 orders
- −$406.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$461.66
- Costs to cover
- 4.324%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Bybit: 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, 5 min ago | 15.86 bp | 80.9 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 12.17 bp | 123.8 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDTshort | +0.0100% | 4h | 0.01638 | +0.128% | $3.2M | $917K | 20x | |
| Gate US_USDTlong | +0.0100% | 4h | 0.01636 | long leg | $2.1M | $592K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01635 | −0.079% | $4.1M | $289K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01640 | +0.231% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0448% | 4h | 0.01641 | +0.312% | $4.3M | $261K | 10x | as long as short |
| BingX US-USDT | +0.0474% | 4h | 0.01639 | +0.214% | — | $1.3M | — | as long as short |
| Aster USUSDT | +0.0479% | 4h | 0.01639 | +0.189% | $12K | $54K | 5x | as long as short |
| Extended US-USD | +0.0488% | 1h | 0.01638 | +0.137% | $1K | $97K | 5x | as long as short |
| Binance USUSDT | +0.0489% | 4h | 0.01639 | +0.164% | $9.1M | $3.3M | 10x | as long as short |
| MEXC US_USDT | +0.0490% | 4h | 0.01639 | +0.171% | $5.5M | $112K | 100x | as long as short |
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
BingX US-USDT
Aster USUSDT
Extended US-USD
Binance USUSDT
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0549% | 4h | 0.01640 | +0.232% | $483K | $49K | 10x | as long as short |
BloFin US-USDT