Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h −0.157%
Price spread now: Gate against Bybit+0.135%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$970.974% of the position
Funding, last 7 days−0.461%−$46 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.135%, 7d avg −0.023%
=The price spread pays, funding is against you. Gate is 0.158% dearer against Bybit than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.023%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.461% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FUSDT | 0.003714 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $2.4M | $2.5M | 25x |
| Short | Gate F_USDT | 0.003719 | 0.0059 | get 0.0059% / 8h | 1h 34m | $180K | $1.3M | 25x |
Bybit FUSDT
Gate F_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
- −$8.61
- Price spread: +0.135% → −0.023%
- $15.75
- Slippage, 4 orders
- −$71.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.29
- Costs to cover
- 0.974%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 1.35 bp | 26.3 bp −$26 | 210.4 bp −$2,104 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.35 bp | 19.8 bp −$20 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
F on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate F_USDTshort | +0.0059% | 8h | 0.003719 | +0.135% | $180K | $1.3M | 25x | |
| Aster FUSDT | +0.0100% | 4h | 0.003716 | +0.064% | $15K | $24K | 5x | as long as short |
| Binance FUSDT | +0.0100% | 4h | 0.003716 | +0.054% | $4.0M | $7.5M | 50x | as long as short |
| Bybit FUSDTlong | +0.0100% | 4h | 0.003714 | long leg | $2.4M | $2.5M | 25x | |
| OKX F-USDT-SWAP | +0.0100% | 4h | 0.003712 | −0.054% | $740K | $2.2M | 20x | as long as short |
| MEXC F_USDT | +0.0100% | 4h | 0.003717 | +0.081% | $636K | $179K | 50x | as long as short |
| KuCoin FUSDTM | +0.0100% | 4h | 0.003718 | +0.108% | $782K | $1.3M | 30x | as long as short |
| Bitget FUSDT | +0.0100% | 4h | 0.003718 | +0.108% | $494K | $995K | 50x | as long as short |
| BingX F-USDT | +0.0100% | 4h | 0.003719 | +0.135% | — | $6.6M | — | as long as short |
| Variational Omni F | +0.0100% | 4h | 0.003717 | +0.083% | $702 | $379 | — | as long as short |
Aster FUSDT
Binance FUSDT
OKX F-USDT-SWAP
MEXC F_USDT
KuCoin FUSDTM
Bitget FUSDT
BingX F-USDT
Variational Omni F