Funding you earn now, next payment 08:00 UTC+0.0800%/8h= +87.6% APRnext payment +$4.00 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against Bybit−0.097%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,313as in the Price arb table
costs, in and out, $10k−$1,30313.031% of the position
Funding, last 7 days−0.251%−$25 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.097%, 7d avg +0.003%
=Funding pays, the price is against you. Gate is 0.100% cheaper against Bybit than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.003%). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.251%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.251% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.00 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 ESPORTSUSDT | 0.01028 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $1.8M | $1.1M | 10x |
| Short | Gate ESPORTS_USDT | 0.01027 | 0.0900 | get 0.0450% / 4h | 2h 29m | $369K | $569K | 10x |
Bybit ESPORTSUSDT
Gate ESPORTS_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
- $168
- Price spread: −0.097% → +0.003%
- −$9.99
- Slippage, 4 orders
- −$1,277.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,145.12
- Costs to cover
- 13.031%
- Break-even
- 54.7 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 17 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, 2 min ago | 4.87 bp | 43.3 bp −$43 | 742.8 bp −$7,428 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 9.71 bp | 617.6 bp −$618 | doesn't fit | doesn't fit | doesn't fit |
ESPORTS on 8 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 ESPORTSUSDTlong | +0.0100% | 4h | 0.01028 | long leg | $1.8M | $1.1M | 10x | |
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01026 | −0.161% | $31K | $503 | — | as long as short |
| KuCoin ESPORTSUSDTM | +0.0174% | 4h | 0.01025 | −0.292% | $770K | $39K | 10x | as long as short |
| Gate ESPORTS_USDTshort | +0.0900% | 4h | 0.01027 | −0.097% | $369K | $569K | 10x | |
| Aster ESPORTSUSDT | +0.1168% | 4h | 0.01027 | −0.130% | $125K | $90K | 5x | as long as short |
| BingX ESPORTS-USDT | +0.1576% | 4h | 0.01027 | −0.097% | — | $1.4M | — | as long as short |
| Binance ESPORTSUSDT | +0.1609% | 4h | 0.01027 | −0.143% | $5.7M | $4.6M | 10x | as long as short |
| MEXC ESPORTS_USDT | +0.1610% | 4h | 0.01026 | −0.195% | $1.3M | $191K | 20x | as long as short |
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
BingX ESPORTS-USDT
Binance ESPORTSUSDT
MEXC ESPORTS_USDT