data as of
Settings8H · net · $10k
Funding arb /

USDC

all USDC markets
SwapPrice view
Alert
Funding spread now, next payment 00:00 UTC−0.0147%/8h
next payment, per $10,000$1.47paid, last 24h−0.029%paid, last 7 days−0.204%to open and close $10k−$45
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate USDC_USDT0.99920.0100pay 0.0100% / 8h7h 33m$253K$21K50x
ShortBitget USDCUSDT0.9996−0.0047pay 0.0047% / 8h7h 33m$4.3M$17K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$30.87
Slippage, 4 orders
−$17.95
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$75.82
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; Bitget: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.040%
Avg gap 7d
+0.008%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 8 min ago3.00 bp10.9 bp −$1114.7 bp −$147doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago1.00 bp11.1 bp −$1167.1 bp −$671211.4 bp −$21.1Kdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_USDCUSD−0.0139%1h$14K$92850xas long as short
KuCoin USDCUSDTM−0.0137%8h$2.5M$18K30xas long as short
Bitget USDCUSDTshort−0.0047%8h$4.3M$17K50x
Binance USDCUSDT−0.0047%8h$4.4M$3.1M50xas long as short
MEXC USDC_USDT−0.0046%8h$16.5M$199K200xas long as short
Bybit USDCUSDT0.0000%8h$9.5M$425K50xas long as short
OKX USDC-USDT-SWAP0.0000%8h$1.1M$40K50xas long as short
Gate USDC_USDTlong+0.0100%8h$253K$21K50x