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

USDC

all USDC markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0036%/8h
next payment, per $10,000$0.36paid, last 24h−0.030%paid, last 7 days−0.163%to open and close $10k−$34
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate USDC_USDT0.99930.0036pay 0.0036% / 8h17m 39s$253K$21K50x
ShortBybit USDCUSDT1.00010get 0.0000% / 8h17m 39s$9.5M$421K50x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$7.56
Slippage, 4 orders
−$7.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$41.21
Break-even
never at this rate
Slippage from Gate: live order book, 29 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.080%
Avg gap 7d
+0.053%
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, 29 min ago2.50 bp10.7 bp −$1114.2 bp −$142doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.50 bp6.0 bp −$66.7 bp −$67141.7 bp −$14.2Kdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin USDCUSDTM−0.0158%8h$2.5M$18K30xas long as short
Bitget USDCUSDT−0.0077%8h$4.3M$18K50xas long as short
MEXC USDC_USDT−0.0064%8h$16.4M$185K200xas long as short
Binance USDCUSDT−0.0064%8h$4.5M$2.9M50xas long as short
Kraken Futures PF_USDCUSD−0.0043%1h$14K$92850xas long as short
Bybit USDCUSDTshort0.0000%8h$9.5M$421K50x
OKX USDC-USDT-SWAP0.0000%8h$1.1M$41K50xas long as short
Gate USDC_USDTlong+0.0036%8h$253K$21K50x