Funding you earn now, next payment 08:00 UTC+0.0462%/8h= +50.6% APRnext payment +$2.31 per $10,000 · paid last 24h +0.125%
Price spread now: Bitget against Gate+0.240%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 7 days−0.781%−$78 on $10k
+Price spread, last 7 days−0.182%−$18 · spread now +0.240%, 7d avg +0.160%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bitget is 0.080% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.160%. Mind the row above: over the last 7 days funding on this pair cost −0.781%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 牛来_USDT | 0.1042 | 0.0238 | pay 0.0119% / 4h | 2h 10m | $2.9M | $5.7M | 20x |
| Short | Bitget 牛来USDT | 0.1045 | 0.0700 | get 0.0350% / 4h | 2h 10m | $1.7M | $4.8M | 10x |
Gate 牛来_USDT
Bitget 牛来USDTFunding 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
- $97.02
- Price spread: +0.240% → +0.160%
- $7.95
- Slippage, 4 orders
- −$86.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$9.01
- Costs to cover
- 1.140%
- Break-even
- 7.6 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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 | 4.80 bp | 37.5 bp −$37 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.31 bp | 23.4 bp −$23 | 75.5 bp −$755 | doesn't fit | doesn't fit |
牛来 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 牛来USDT | +0.0100% | 4h | 0.1041 | −0.134% | $31.6M | $81.2M | 10x | as long as short |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1042 | −0.048% | $940 | $413K | 10x | as long as short |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1041 | −0.096% | $128K | $972K | 20x | as long as short |
| Gate 牛来_USDTlong | +0.0238% | 4h | 0.1042 | long leg | $2.9M | $5.7M | 20x | |
| Aster 牛来USDT | +0.0273% | 4h | 0.1042 | −0.019% | $572K | $448K | 10x | as long as short |
| Bitget 牛来USDTshort | +0.0700% | 4h | 0.1045 | +0.240% | $1.7M | $4.8M | 10x |
Binance 牛来USDT
SunX 牛来-USDT
HTX 牛来-USDT
Aster 牛来USDT