Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.138%
Price spread now: Gate against Bybit−0.438%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,712as in the Price arb table
costs, in and out, $10k−$2,65826.575% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 4 days (all we have)+0.483%+$48 · spread now −0.438%, 7d avg +0.105%
=Funding pays, the price is against you. Gate is 0.543% cheaper against Bybit than usual: you would sell low and buy high (spread −0.438% now, against its 7-day average of +0.105%). If the spread goes back, that is −$54 on $10k: about 17 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit 4USDT | 0.02239 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $3.0M | $1.6M | 5x |
| Short | Gate 4_USDT | 0.02229 | 0.0208 | get 0.0104% / 4h | 2h 26m | $608K | $230K | 20x |
Bybit 4USDT
Gate 4_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
- $22.68
- Price spread: −0.438% → +0.105%
- −$54.29
- Slippage, 4 orders
- −$2,631.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,689.15
- Costs to cover
- 26.575%
- Break-even
- 837.0 days
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 60 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, 1 min ago | 5.14 bp | 344.4 bp −$344 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 12.36 bp | 1120.1 bp −$1,120 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit 4USDTlong | +0.0100% | 4h | 0.02239 | long leg | $3.0M | $1.6M | 5x | |
| Variational Omni 4 | +0.0100% | 4h | 0.02235 | −0.188% | $54K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02240 | +0.040% | $2K | $959K | 20x | as long as short |
| Gate 4_USDTshort | +0.0208% | 4h | 0.02229 | −0.438% | $608K | $230K | 20x | |
| MEXC 4_USDT | +0.0230% | 4h | 0.02243 | +0.174% | $2.1M | $808K | 100x | as long as short |
| Binance 4USDT | +0.0231% | 4h | 0.02243 | +0.152% | $8.7M | $10.3M | 20x | as long as short |
| BingX 4-USDT | +0.0238% | 4h | 0.02243 | +0.179% | — | $1.3M | — | as long as short |
| Aster 4USDT | +0.0359% | 4h | 0.02240 | +0.032% | $255K | $92K | 5x | as long as short |
| KuCoin 4USDTM | +0.0442% | 4h | 0.02239 | −0.004% | $931K | $13.2M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
MEXC 4_USDT
Binance 4USDT
BingX 4-USDT
Aster 4USDT
KuCoin 4USDTM