Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against Bybit+0.048%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.595% of the position
Funding, last 7 days−0.235%−$23 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.048%, 7d avg +0.046%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GMTUSDT | 0.008366 | 0.0100 | pay 0.0100% / 8h | 49m 55s | $1.1M | $1.1M | 50x |
| Short | Gate GMT_USDT | 0.008370 | 0.0100 | get 0.0100% / 8h | 49m 55s | $147K | $105K | 50x |
Bybit GMTUSDT
Gate GMT_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
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.048% → +0.046%
- $0.14
- Slippage, 4 orders
- −$133.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$159.33
- Costs to cover
- 1.595%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 21 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 | 4.18 bp | 37.8 bp −$38 | 282.9 bp −$2,829 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 6.01 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1557% | 1h | 0.008377 | +0.135% | $46K | $11K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0086% | 4h | 0.008370 | +0.048% | $250K | $101K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008374 | +0.096% | $123K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008374 | +0.098% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008374 | +0.096% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDTlong | +0.0100% | 8h | 0.008366 | long leg | $1.1M | $1.1M | 50x | |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008370 | +0.048% | $348K | $558K | 20x | as long as short |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008370 | +0.048% | $147K | $105K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008372 | +0.072% | $422K | $182K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008373 | +0.084% | $674K | $398K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMT | +0.0100% | 8h | 0.008373 | +0.083% | $3K | $5K | — | as long as short |
| BingX GMT-USDT | +0.0200% | 4h | 0.008371 | +0.060% | — | $1.2M | — | as long as short |
Variational Omni GMT
BingX GMT-USDT