Settings8H · net · $10k
Funding arb · Price arb /

ATH

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.091%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1991.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.091%, 7d avg +0.070%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.021% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ATH_USDT0.0054760.0100pay 0.0050% / 4h1m 56s$784K$589K30x
ShortBitget ATHUSDT0.0054810.0100get 0.0050% / 4h1m 56s$1.5M$889K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.091% → +0.070%
$2.15
Slippage, 4 orders
−$172.44
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$197.29
Costs to cover
1.994%
Break-even
never at this rate
Slippage from Gate: live order book, 55 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 55 min ago6.37 bp79.0 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago7.31 bp22.5 bp −$2388.7 bp −$887doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.2889%1h0.005481+0.083%$19K$106K10xas long as short
Variational Omni ATH−0.0101%4h0.005466−0.191%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005488+0.218%$11K$575xas long as short
BloFin ATH-USDT+0.0047%4h0.005481+0.091%$166K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005484+0.150%$5K$42K5xas long as short
Binance ATHUSDT+0.0100%4h0.005486+0.188%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005474−0.037%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.0054760.000%$701K$1.3M20xas long as short
Gate ATH_USDTlong+0.0100%4h0.005476long leg$784K$589K30x
MEXC ATH_USDT+0.0100%4h0.005485+0.164%$8.9M$646K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005475−0.018%$552K$79K30xas long as short
Bitget ATHUSDTshort+0.0100%4h0.005481+0.091%$1.5M$889K25x
BingX ATH-USDT+0.0100%4h0.005478+0.037%$21.6Mas long as short