Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.68 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.029%7-day average −0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.029%, 7d avg −0.048%
=The price spread pays, funding is against you. Gate is 0.077% dearer against Bybit than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.048%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NOWUSDT | 138.17 | 0.0068 | pay 0.0068% / 8h | 7h 02m | $1.5M | $5.7M | 25x |
| Short | Gate NOW_USDT | 138.21 | 0 | get 0.0000% / 8h | 7h 02m | $245K | $381K | 20x |
Funding 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
- −$14.21
- Price spread: +0.029% → −0.048%
- $7.74
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$32.48
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Gate: live order book, 3 min ago. Net counts fees only.
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, 5 min ago | 6.86 bp | 86.0 bp −$86 | 172.1 bp −$1,721 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 12.65 bp | 85.5 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
NOW 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | 0.0000% | 8h | 138.37 | +0.145% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 138.26 | +0.065% | $499K | $212K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.94 | −0.166% | $1.1M | $2.1M | 10x | as long as short |
| Gate NOW_USDTshort | 0.0000% | 8h | 138.21 | +0.029% | $245K | $381K | 20x | |
| Bitget NOWUSDT | 0.0000% | 8h | 138.19 | +0.014% | $781K | $240K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 138.18 | +0.007% | $959 | $410K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 138.21 | +0.029% | $5K | $29K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 138.08 | −0.065% | $5K | $173 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.180% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 138.01 | −0.116% | — | — | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit NOWUSDTlong | +0.0068% | 8h | 138.17 | long leg | $1.5M | $5.7M | 25x | |
| BloFin NOW-USDT | +0.0087% | 8h | 138.37 | +0.145% | $45K | $17K | 20x | as long as short |
| KuCoin NOWUSDTM | +0.0100% | 8h | 138.06 | −0.080% | $317K | $657K | 20x | as long as short |
| Binance NOWUSDT | +0.0104% | 8h | 138.22 | +0.036% | $1.8M | $1.5M | 20x | as long as short |
| tradeXYZ xyz:NOW | +0.0246% | 1h | 138.02 | −0.109% | $2.1M | $231K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.1005% | 8h | 138.40 | +0.165% | $228 | $157K | 10x | as long as short |
Bybit NOWUSDT
Gate NOW_USDT
Aster NOWUSDT
OKX NOW-USDT-SWAP
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
BloFin NOW-USDT
KuCoin NOWUSDTM
Binance NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp