Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.024%
Price spread now: Gate against Bybit−0.091%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2012.010% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.091%, 7d avg +0.123%
=Funding pays, the price is against you. Gate is 0.214% cheaper against Bybit than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.123%). If the spread goes back, that is −$21 on $10k: about 9.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COREUSDT | 0.02198 | −0.0165 | get 0.0165% / 8h | 3h 59m | $1.4M | $978K | 20x |
| Short | Gate CORE_USDT | 0.02196 | −0.0091 | pay 0.0091% / 8h | 3h 59m | $159K | $172K | 25x |
Bybit COREUSDT
Gate CORE_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
- $15.48
- Price spread: −0.091% → +0.123%
- −$21.38
- Slippage, 4 orders
- −$174.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$206.86
- Costs to cover
- 2.010%
- Break-even
- 100.5 days
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 51 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 | 6.83 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 4.59 bp | 72.8 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0321% | 8h | 0.02196 | −0.086% | $8K | $1K | — | as long as short |
| Bybit COREUSDTlong | −0.0165% | 8h | 0.02198 | long leg | $1.4M | $978K | 20x | |
| Gate CORE_USDTshort | −0.0091% | 8h | 0.02196 | −0.091% | $159K | $172K | 25x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02207 | +0.409% | $1.7M | $4.4M | 20x | as long as short |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02205 | +0.318% | $825K | $220K | 100x | as long as short |
| BingX CORE-USDT | +0.0151% | 8h | 0.02205 | +0.318% | — | $1.3M | — | as long as short |
Variational Omni CORE
OKX CORE-USDT-SWAP
MEXC CORE_USDT
BingX CORE-USDT