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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit+0.342%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$772as in the Funding arb table
Net, price: spread back to 7d avg − costs−$755as in the Price arb table
costs, in and out, $10k−$7757.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.342%, 7d avg +0.140%
Together, before fees−0.174%−$17 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: Gate is 0.202% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.140%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit DEEPUSDT0.020470.0100pay 0.0100% / 8h7h 12m$4.4M$2.6M50x
ShortGate DEEP_USDT0.020540.0100get 0.0050% / 4h3h 12m$315K$93K50x

Funding 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 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: +0.342% → +0.140%
$20.19
Slippage, 4 orders
−$749.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$755.06
Costs to cover
7.753%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 57 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 Bybit live order book, 5 min ago7.40 bp38.9 bp −$39289.9 bp −$2,899doesn't fitdoesn't fit
Sell Gate live order book, 57 min ago7.49 bp420.7 bp −$421doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.4322%1h0.02037−0.489%$83K$13K20xas long as short
Binance DEEPUSDT+0.0100%4h0.02056+0.461%$2.2M$6.0M50xas long as short
Bybit DEEPUSDTlong+0.0100%8h0.02047long leg$4.4M$2.6M50x
Gate DEEP_USDTshort+0.0100%4h0.02054+0.342%$315K$93K50x
MEXC DEEP_USDT+0.0100%4h0.02055+0.391%$1.1M$556K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.02062+0.733%$1.9M$91K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.02055+0.391%$881K$593K50xas long as short
BingX DEEP-USDT+0.0100%4h0.02051+0.195%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.02041−0.284%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.02056+0.439%$5K$206K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0127%8h0.020470.000%$144K$34K50xas long as short
Kraken Futures PF_DEEPUSD+1.2261%1h0.02077+1.486%$8K$7K10xas long as short