Funding you earn now, next payment 08:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Bitget0.000%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4104.103% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now 0.000%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.57 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 | Bitget ACTUSDT | 0.01120 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $270K | $84K | 10x |
| Short | Gate ACT_USDT | 0.01120 | 0.0414 | get 0.0207% / 4h | 1h 42m | $146K | $107K | 25x |
Bitget ACTUSDT
Gate ACT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $65.94
- Price spread: 0.000% → −0.031%
- $3.08
- Slippage, 4 orders
- −$383.26
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$341.23
- Costs to cover
- 4.103%
- Break-even
- 43.2 days
Slippage from Bitget: live order book, 57 min ago; Gate: live order book, 58 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 Bitget live order book, 57 min ago | 9.10 bp | 44.1 bp −$44 | 461.1 bp −$4,611 | doesn't fit | doesn't fit |
| Sell Gate live order book, 58 min ago | 4.54 bp | 191.4 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 ACTUSDT | +0.0100% | 4h | 0.01119 | −0.063% | $2.2M | $2.4M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01120 | +0.018% | $6.5M | $113K | 20x | as long as short |
| Bitget ACTUSDTlong | +0.0100% | 4h | 0.01120 | long leg | $270K | $84K | 10x | |
| OKX ACT-USDT-SWAP | +0.0335% | 4h | 0.01121 | +0.089% | $807K | $1.5M | 10x | as long as short |
| Bybit ACTUSDT | +0.0350% | 4h | 0.01122 | +0.161% | $645K | $465K | 25x | as long as short |
| BingX ACT-USDT | +0.0374% | 4h | 0.01120 | +0.036% | — | $1.2M | — | as long as short |
| Gate ACT_USDTshort | +0.0414% | 4h | 0.01120 | 0.000% | $146K | $107K | 25x |
Binance ACTUSDT
MEXC ACT_USDT
OKX ACT-USDT-SWAP
Bybit ACTUSDT
BingX ACT-USDT