Funding you earn now, next payment 02:00 UTC+0.0761%/8h= +83.3% APRpaid last 24h −0.483%
Price spread now: Bitget against Gate+1.033%7-day average +2.572% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$887as in the Price arb table
costs, in and out, $10k−$7337.331% of the position
Funding, last 7 days−8.205%−$820 on $10k
+Price spread, last 7 days−0.700%−$70 · spread now +1.033%, 7d avg +2.572%
=Funding pays, the price is against you. Bitget is 1.539% cheaper against Gate than usual: you would sell low and buy high (spread +1.033% now, against its 7-day average of +2.572%). If the spread goes back, that is −$154 on $10k: about 6.7 days of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −8.205%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ONE_USDT | 0.004464 | −0.1705 | get 0.1705% / 8h | 6h 29m | $1.8M | $16.5M | 20x |
| Short | Bitget ONEUSDT | 0.004510 | −0.0944 | pay 0.0118% / 1h | 29m 44s | $2.0M | $35.4M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $159.81
- Price spread: +1.033% → +2.572%
- −$153.9
- Slippage, 4 orders
- −$706.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$727.16
- Costs to cover
- 7.331%
- Break-even
- 38.9 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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 Gate live order book, 4 min ago | 2.24 bp | 322.3 bp −$322 | 1343.5 bp −$13.4K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.97 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.2934% | 1h | 0.005224 | +17.023% | $6.1M | $272.2M | 10x | as long as short |
| Gate ONE_USDTlong | −0.1705% | 8h | 0.004464 | long leg | $1.8M | $16.5M | 20x | |
| Aster ONEUSDT | −0.1017% | 1h | 0.004493 | +0.643% | $2.4M | $5.8M | 5x | as long as short |
| Bitget ONEUSDTshort | −0.0944% | 1h | 0.004510 | +1.033% | $2.0M | $35.4M | 20x | |
| BingX ONE-USDT | +0.0008% | 1h | 0.004513 | +1.098% | — | $6.5M | — | as long as short |
| MEXC ONE_USDT | +0.0064% | 1h | 0.004501 | +0.818% | $12.1M | $16.6M | 20x | as long as short |
| Binance ONEUSDT | +0.0084% | 1h | 0.004490 | +0.591% | $15.4M | $354.1M | 50x | as long as short |
| Variational Omni ONE | +0.0100% | 1h | 0.004563 | +2.212% | $111K | $55K | — | as long as short |
| KuCoin ONEUSDTM | +0.7832% | 1h | 0.004762 | +6.676% | $4.9M | $13.1M | 30x | as long as short |
Gate ONE_USDT
Bitget ONEUSDT
OKX ONE-USDT-SWAP
Aster ONEUSDT
BingX ONE-USDT
MEXC ONE_USDT
Binance ONEUSDT
Variational Omni ONE
KuCoin ONEUSDTM