Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.084% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PUNDIX_USDT | 0.1191 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $38K | $5K | 20x |
| Short | Bybit PUNDIXUSDT | 0.1192 | 0.0100 | get 0.0050% / 4h | 2h 09m | $775K | $382K | 20x |
Gate PUNDIX_USDT
Bybit PUNDIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.084% → 0.000%
- $8.4
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.6
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Bybit: live order book, 11 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 11 min ago | 3.77 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1191 | +0.008% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1190 | −0.063% | $1.4M | $1.7M | 50x | as long as short |
| Bybit PUNDIXUSDTshort | +0.0100% | 4h | 0.1192 | +0.084% | $775K | $382K | 20x | |
| Gate PUNDIX_USDTlong | +0.0100% | 4h | 0.1191 | long leg | $38K | $5K | 20x | |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1190 | −0.059% | $2.4M | $106K | 50x | as long as short |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1191 | +0.008% | $236K | $229K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1194 | +0.228% | $87 | $59K | — | as long as short |
BingX PUNDIX-USDT
Binance PUNDIXUSDT
MEXC PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX