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

NOT

all NOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.020%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1451.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$2 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.020%, 7d avg +0.033%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NOT_USDT0.00049900.0100pay 0.0050% / 4h2h 22m$137K$73K50x
ShortBitget NOTUSDT0.00049910.0100get 0.0050% / 4h2h 22m$651K$487K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.020% → +0.033%
−$1.34
Slippage, 4 orders
−$118.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.55
Costs to cover
1.452%
Break-even
never at this rate
Slippage from Gate: live order book, 18 min ago; Bitget: live order book, 22 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 Gate live order book, 18 min ago9.00 bp42.1 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 22 min ago8.94 bp29.6 bp −$30185.4 bp −$1,854doesn't fitdoesn't fit

NOT on 16 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
Variational Omni NOT−0.0152%4h0.0004969−0.417%$71K$38Kas long as short
KuCoin NOTUSDTM−0.0070%4h0.0004984−0.120%$475K$136K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−2.325%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0004998+0.168%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0004980−0.200%$335K$68K3xas long as short
Aster NOTUSDT+0.0100%4h0.0004993+0.062%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0004991+0.020%$2.0M$3.2M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0004986−0.080%$2.1M$897K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0004992+0.040%$634K$698K20xas long as short
Gate NOT_USDTlong+0.0100%4h0.0004990long leg$137K$73K50x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0004989−0.020%$1.3M$450K200xas long as short
Bitget NOTUSDTshort+0.0100%4h0.0004991+0.020%$651K$487K50x
BingX NOT-USDT+0.0100%4h0.0004985−0.100%$8.5Mas long as short
Extended kNOT-USD+0.0104%1h0.0004990−0.006%$4K5xas long as short
BloFin NOT-USDT+0.0137%4h0.0004989−0.020%$109K$18K50xas long as short
Kraken Futures PF_NOTUSD+0.1697%1h0.0004990+0.005%$49K$9K10xas long as short