Funding you earn now, next payment 08:00 UTC+0.0389%/8h= +42.6% APRnext payment +$3.89 per $10,000 · paid last 24h +0.085%
Price spread now: Gate against Bybit−0.002%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.954% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.002%, 7d avg +0.038%
=Funding pays, the price is against you. Gate is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.038%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.105% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMATUSDT | 469.61 | 0 | get 0.0000% / 8h | 4h 12m | $897K | $654K | 25x |
| Short | Gate AMAT_USDT | 469.60 | 0.0389 | get 0.0389% / 8h | 4h 12m | $1.7M | $6.4M | 50x |
Bybit AMATUSDT
Gate AMAT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $81.69
- Price spread: −0.002% → +0.038%
- −$4.03
- Slippage, 4 orders
- −$69.38
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$17.71
- Costs to cover
- 0.954%
- Break-even
- 8.5 days
Slippage from Bybit: live order book, 43 min ago; Gate: live order book, 1 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 Bybit live order book, 43 min ago | 3.19 bp | 23.1 bp −$23 | 110.4 bp −$1,104 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.07 bp | 17.3 bp −$17 | 137.8 bp −$1,378 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AMAT-USDT | −0.0006% | 8h | 469.74 | +0.028% | $109K | $96K | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 469.33 | −0.059% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 469.65 | +0.009% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 469.79 | +0.038% | $8.9M | $12.6M | 20x | as long as short |
| Bybit AMATUSDTlong | 0.0000% | 8h | 469.61 | long leg | $897K | $654K | 25x | |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 469.72 | +0.023% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 469.97 | +0.077% | $2.0M | $1.7M | 20x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 469.97 | +0.077% | $65K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 469.89 | +0.060% | $371 | $101K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 469.28 | −0.070% | — | — | 10x | as long as short |
BloFin AMAT-USDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
Vest AMAT-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.60 | −0.002% | $2.6M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 469.41 | −0.043% | $412K | $522K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 467.49 | −0.451% | $879 | $360K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 470.64 | +0.219% | $171K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0221% | 1h | 470.09 | +0.102% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDTshort | +0.0389% | 8h | 469.60 | −0.002% | $1.7M | $6.4M | 50x |
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT