Funding you earn now, next payment 04:00 UTC−0.0654%/8h= −71.6% APRnext payment −$3.27 per $10,000 · paid last 24h +0.234%
Price spread now: Gate against Bitget−0.082%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$2942.945% of the position
Funding, last 4 days (all we have)−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.082%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Gate is 0.092% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.074% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.27 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 STONKUSDT | 0.3650 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $366K | $2.6M | 10x |
| Short | Gate STONK_USDT | 0.3647 | −0.0554 | pay 0.0277% / 4h | 2h 25m | $891K | $1.8M | 10x |
Bitget STONKUSDT
Gate STONK_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
- −$137.34
- Price spread: −0.082% → +0.009%
- −$9.16
- Slippage, 4 orders
- −$267.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$440.97
- Costs to cover
- 2.945%
- Break-even
- never at this rate
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 | 10.59 bp | 33.4 bp −$33 | 285.4 bp −$2,854 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 9.61 bp | 108.4 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
STONK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate STONK_USDTshort | −0.0554% | 4h | 0.3647 | −0.082% | $891K | $1.8M | 10x | |
| Bitget STONKUSDTlong | +0.0100% | 4h | 0.3650 | long leg | $366K | $2.6M | 10x | |
| Bybit STONKUSDT | +0.0492% | 4h | 0.3650 | −0.008% | $1.7M | $6.8M | 5x | as long as short |
| BingX STONK-USDT | +0.0536% | 4h | 0.3656 | +0.156% | — | $931K | — | as long as short |
| MEXC STONK_USDT | +0.1522% | 4h | 0.3646 | −0.126% | $855K | $1.1M | 20x | as long as short |
| Phoenix STONK | +0.1557% | 1h | 0.3620 | −0.825% | $203K | $249K | 3x | as long as short |
| Aster STONKUSDT | +0.2798% | 1h | 0.3654 | +0.101% | $501K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.3744% | 1h | 0.3656 | +0.148% | $435K | $585K | 5x | as long as short |
Bybit STONKUSDT
BingX STONK-USDT
MEXC STONK_USDT
Phoenix STONK
Aster STONKUSDT
Lighter STONK