Funding you earn now, next payment 08:00 UTC−0.0545%/8h= −59.7% APRnext payment −$5.45 per $10,000 · paid last 24h −0.085%
Price spread now: Bitget against Gate+0.074%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now +0.074%, 7d avg +0.010%
=The price spread pays, funding is against you. Bitget is 0.064% dearer against Gate than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.010%): +$6 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.028% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.45 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 | Gate AMAT_USDT | 458.70 | 0 | get 0.0000% / 8h | 1h 30m | $1.5M | $6.1M | 50x |
| Short | Bitget AMATUSDT | 459.04 | −0.0545 | pay 0.0545% / 8h | 1h 30m | $1.9M | $1.8M | 20x |
Gate AMAT_USDT
Bitget AMATUSDTFunding 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
- −$114.45
- Price spread: +0.074% → +0.010%
- $6.43
- Slippage, 4 orders
- −$34.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$169.25
- Costs to cover
- 0.612%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 2 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, 3 min ago | 4.36 bp | 15.5 bp −$16 | 214.5 bp −$2,145 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.38 bp | 12.7 bp −$13 | 93.2 bp −$932 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDTshort | −0.0545% | 8h | 459.04 | +0.074% | $1.9M | $1.8M | 20x | |
| BloFin AMAT-USDT | −0.0026% | 8h | 458.44 | −0.057% | $108K | $114K | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 459.19 | +0.108% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 458.70 | −0.001% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 458.95 | +0.054% | $8.3M | $14.1M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 458.93 | +0.050% | $838K | $693K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 458.33 | −0.081% | $1.3M | $1.6M | 20x | as long as short |
| Gate AMAT_USDTlong | 0.0000% | 8h | 458.70 | long leg | $1.5M | $6.1M | 50x | |
| Variational Omni AMAT | 0.0000% | 8h | 458.58 | −0.025% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 458.74 | +0.010% | $183 | $113K | 10x | as long as short |
BloFin AMAT-USDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Variational Omni AMAT
GRVT AMAT_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 458.45 | −0.055% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0092% | 1h | 458.86 | +0.035% | $2.5M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 458.28 | −0.092% | $396K | $548K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 458.85 | +0.033% | $977 | $386K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 458.62 | −0.017% | $167K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0277% | 1h | 458.40 | −0.065% | $18K | $114K | 10x | as long as short |
Vest AMAT-USD-PERP
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT