Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate+0.148%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$403as in the Funding arb table
Net, price: spread back to 7d avg − costs−$392as 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)−0.148%−$15 · spread now +0.148%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.116% dearer against Gate than usual: you sell high and buy low, +$12 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 | Gate USUAL_USDT | 0.01355 | 0.0100 | pay 0.0100% / 8h | 2h 28m | $905K | $251K | 50x |
| Short | Bitget USUALUSDT | 0.01357 | 0.0100 | get 0.0050% / 4h | 2h 28m | $822K | $506K | 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
- $0
- Price spread: +0.148% → +0.032%
- $11.59
- Slippage, 4 orders
- −$376.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$391.52
- Costs to cover
- 4.031%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; Bitget: 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 Gate live order book, 58 min ago | 11.01 bp | 166.8 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 57 min ago | 11.03 bp | 27.5 bp −$27 | 157.1 bp −$1,571 | 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 | −1.697% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0746% | 1h | 0.01353 | −0.131% | $110K | $23K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01356 | +0.074% | $387K | $231K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01355 | −0.007% | $2.1M | $3.5M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01356 | +0.066% | $997K | $946K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01355 | long leg | $905K | $251K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01356 | +0.052% | $5.9M | $267K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01358 | +0.221% | $281K | $64K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01357 | +0.148% | $822K | $506K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01357 | +0.118% | — | $1.2M | — | as long as short |
Show 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 | −0.263% | $9K | $208 | — | as long as short |
Gate USUAL_USDT
Bitget USUALUSDT
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
BingX USUAL-USDT
Variational Omni USUAL