Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bitget−0.074%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4034.031% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.074%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.042% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUALUSDT | 0.01354 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $820K | $506K | 50x |
| Short | Gate USUAL_USDT | 0.01353 | 0.0100 | get 0.0100% / 8h | 2h 29m | $903K | $251K | 50x |
Bitget USUALUSDT
Gate USUAL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.074% → −0.032%
- −$4.22
- Slippage, 4 orders
- −$376.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$407.33
- Costs to cover
- 4.031%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; Gate: live order book, 57 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 Bitget live order book, 56 min ago | 11.03 bp | 25.1 bp −$25 | 157.3 bp −$1,573 | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 11.01 bp | 183.7 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4964% | 1h | 0.01332 | −1.625% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0746% | 1h | 0.01353 | −0.100% | $110K | $23K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01354 | 0.000% | $387K | $231K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01353 | −0.042% | $2.1M | $3.5M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01355 | +0.044% | $996K | $945K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01353 | −0.074% | $903K | $251K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01353 | −0.052% | $5.9M | $267K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01357 | +0.222% | $280K | $64K | 20x | as long as short |
| Bitget USUALUSDTlong | +0.0100% | 4h | 0.01354 | long leg | $820K | $506K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01354 | −0.037% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01351 | −0.189% | $9K | $208 | — | as long as short |
Variational Omni USUAL