Funding you earn now, next payment 00:00 UTC+0.1154%/8h= +126.4% APRnext payment +$5.77 per $10,000 · paid last 24h +0.114%
Price spread now: Gate against Bitget+0.244%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1751.751% of the position
Funding, last 7 days+0.157%+$16 on $10k
+Price spread, last 4 days (all we have)−0.610%−$61 · spread now +0.244%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Gate is 0.209% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.77 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 B2USDT | 0.4912 | 0.1556 | pay 0.0778% / 4h | 2h 44m | $2.7M | $1.4M | 50x |
| Short | Gate B2_USDT | 0.4924 | 0.2710 | get 0.1355% / 4h | 2h 44m | $863K | $440K | 20x |
Bitget B2USDT
Gate B2_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
- $242.34
- Price spread: +0.244% → +0.036%
- $20.88
- Slippage, 4 orders
- −$148.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $88.08
- Costs to cover
- 1.751%
- Break-even
- 4.5 days
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 42 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, 3 min ago | 4.08 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 12.16 bp | 61.2 bp −$61 | 231.3 bp −$2,313 | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster B2USDT | +0.0948% | 4h | 0.4912 | +0.002% | $155K | $187K | 5x | as long as short |
| MEXC B2_USDT | +0.0984% | 4h | 0.4918 | +0.122% | $561K | $559K | 100x | as long as short |
| Binance B2USDT | +0.0987% | 4h | 0.4920 | +0.163% | $7.9M | $13.2M | 50x | as long as short |
| Bybit B2USDT | +0.1009% | 4h | 0.4916 | +0.081% | $1.5M | $2.8M | 20x | as long as short |
| BingX B2-USDT | +0.1516% | 4h | 0.4921 | +0.183% | — | $1.4M | — | as long as short |
| Bitget B2USDTlong | +0.1556% | 4h | 0.4912 | long leg | $2.7M | $1.4M | 50x | |
| KuCoin B2USDTM | +0.1824% | 4h | 0.4911 | −0.020% | $1.1M | $317K | 50x | as long as short |
| Variational Omni B2 | +0.1870% | 4h | 0.4900 | −0.254% | $14K | $2K | — | as long as short |
| Gate B2_USDTshort | +0.2710% | 4h | 0.4924 | +0.244% | $863K | $440K | 20x |
Aster B2USDT
MEXC B2_USDT
Binance B2USDT
Bybit B2USDT
BingX B2-USDT
KuCoin B2USDTM
Variational Omni B2