Funding you earn now, next payment 08:00 UTC+0.0846%/8h= +92.6% APRnext payment +$4.23 per $10,000 · paid last 24h +0.157%
Price spread now: Gate against Bitget−0.085%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
Funding, last 7 days+0.386%+$39 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.085%, 7d avg +0.076%
=Funding pays, the price is against you. Gate is 0.160% cheaper against Bitget than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.076%). If the spread goes back, that is −$16 on $10k: about 15 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.386% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.386% in total (about 20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.23 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 | Bitget MUBARAKUSDT | 0.04731 | 0.0468 | pay 0.0234% / 4h | 3h 55m | $3.0M | $7.8M | 25x |
| Short | Gate MUBARAK_USDT | 0.04727 | 0.1314 | get 0.0657% / 4h | 3h 55m | $7.5M | $5.5M | 50x |
Bitget MUBARAKUSDT
Gate MUBARAK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $177.66
- Price spread: −0.085% → +0.076%
- −$16.01
- Slippage, 4 orders
- −$86.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $48.47
- Costs to cover
- 1.132%
- Break-even
- 5.1 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 Bitget live order book, 2 min ago | 7.37 bp | 21.8 bp −$22 | 78.8 bp −$788 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.49 bp | 38.8 bp −$39 | 395.7 bp −$3,957 | doesn't fit | doesn't fit |
MUBARAK on 11 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 MUBARAKUSDT | +0.0100% | 4h | 0.04725 | −0.127% | $3.6M | $11.8M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04730 | −0.013% | $2.9M | $61.1M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04733 | +0.041% | $12K | $57K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0178% | 4h | 0.04720 | −0.233% | $951K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0179% | 4h | 0.04720 | −0.241% | $17.9M | $97.1M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSD | +0.0230% | 1h | 0.04721 | −0.207% | $59K | $450K | 10x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0422% | 4h | 0.04737 | +0.127% | $1.7M | $1.2M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0438% | 4h | 0.04718 | −0.275% | — | $3.2M | — | as long as short |
| Bitget MUBARAKUSDTlong | +0.0468% | 4h | 0.04731 | long leg | $3.0M | $7.8M | 25x | |
| Aster MUBARAKUSDT | +0.0478% | 4h | 0.04729 | −0.049% | $11K | $482K | 5x | as long as short |
Bybit MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Kraken Futures PF_MUBARAKUSD
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Aster MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTshort | +0.1314% | 4h | 0.04727 | −0.085% | $7.5M | $5.5M | 50x |