Funding you earn now, next payment 04:00 UTC+0.2202%/8h= +241.1% APRnext payment +$11.01 per $10,000 · paid last 24h +0.306%
Price spread now: Gate against Bybit+0.236%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1861.862% of the position
Funding, last 7 days+0.302%+$30 on $10k
+Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.236%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$66 a day on $10k at the current rate, and Gate is 0.197% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.302% in total (about 15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.01 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 | Bybit B2USDT | 0.5093 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $1.6M | $2.3M | 20x |
| Short | Gate B2_USDT | 0.5105 | 0.2302 | get 0.1151% / 4h | 1h 37m | $911K | $358K | 20x |
Bybit B2USDT
Gate B2_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
- $462.42
- Price spread: +0.236% → +0.038%
- $19.74
- Slippage, 4 orders
- −$160.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $295.96
- Costs to cover
- 1.862%
- Break-even
- 2.5 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 24 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, 4 min ago | 7.86 bp | 47.9 bp −$48 | 437.2 bp −$4,372 | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 11.10 bp | 43.2 bp −$43 | 229.5 bp −$2,295 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDTlong | +0.0100% | 4h | 0.5093 | long leg | $1.6M | $2.3M | 20x | |
| Bitget B2USDT | +0.0554% | 4h | 0.5091 | −0.039% | $2.8M | $1.1M | 50x | as long as short |
| BingX B2-USDT | +0.0662% | 4h | 0.5095 | +0.039% | — | $1.4M | — | as long as short |
| Binance B2USDT | +0.0692% | 4h | 0.5092 | −0.020% | $8.2M | $10.8M | 50x | as long as short |
| MEXC B2_USDT | +0.0698% | 4h | 0.5097 | +0.079% | $586K | $419K | 100x | as long as short |
| Variational Omni B2 | +0.0761% | 4h | 0.5088 | −0.098% | $14K | $2K | — | as long as short |
| Aster B2USDT | +0.1034% | 4h | 0.5097 | +0.082% | $159K | $167K | 5x | as long as short |
| KuCoin B2USDTM | +0.1166% | 4h | 0.5104 | +0.216% | $1.0M | $304K | 50x | as long as short |
| Gate B2_USDTshort | +0.2302% | 4h | 0.5105 | +0.236% | $911K | $358K | 20x |
Bitget B2USDT
BingX B2-USDT
Binance B2USDT
MEXC B2_USDT
Variational Omni B2
Aster B2USDT
KuCoin B2USDTM