Funding you earn now, next payment 12:00 UTC−0.5830%/8h= −638.4% APRnext payment −$29.15 per $10,000 · paid last 24h −0.570%
Price spread now: Bitget against Gate+0.163%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3633.633% of the position
Funding, last 4 days (all we have)−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.477%+$48 · spread now +0.163%, 7d avg −0.032%
=The price spread pays, funding is against you. Bitget is 0.194% dearer against Gate than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of −0.032%): +$19 on $10k if it goes back. Holding the pair costs −$175 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 4 days (−0.170% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.170% in total (about -15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$29.15 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 | Gate STONK_USDT | 0.3381 | 0.6234 | pay 0.3117% / 4h | 3h 12m | $1.0M | $2.2M | 10x |
| Short | Bitget STONKUSDT | 0.3387 | 0.0404 | get 0.0202% / 4h | 3h 12m | $493K | $1.9M | 10x |
Gate STONK_USDT
Bitget STONKUSDTFunding 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
- −$1,224.3
- Price spread: +0.163% → −0.032%
- $19.43
- Slippage, 4 orders
- −$336.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,568.15
- Costs to cover
- 3.633%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 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, 5 min ago | 8.32 bp | 118.6 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 13.86 bp | 38.8 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDTshort | +0.0404% | 4h | 0.3387 | +0.163% | $493K | $1.9M | 10x | |
| Aster STONKUSDT | +0.0511% | 1h | 0.3367 | −0.418% | $497K | $1.2M | 10x | as long as short |
| Phoenix STONK | +0.1299% | 1h | 0.3378 | −0.092% | $215K | $137K | 3x | as long as short |
| Lighter STONK | +0.4376% | 1h | 0.3386 | +0.124% | $361K | $540K | 5x | as long as short |
| BingX STONK-USDT | +0.5878% | 4h | 0.3388 | +0.198% | — | $903K | — | as long as short |
| Gate STONK_USDTlong | +0.6234% | 4h | 0.3381 | long leg | $1.0M | $2.2M | 10x | |
| Bybit STONKUSDT | +0.6539% | 4h | 0.3390 | +0.257% | $1.8M | $5.9M | 5x | as long as short |
| MEXC STONK_USDT | +0.7602% | 4h | 0.3385 | +0.106% | $816K | $998K | 20x | as long as short |
| BloFin STONK-USDT | +0.8515% | 4h | 0.3377 | −0.127% | $92K | $196K | 5x | as long as short |
Aster STONKUSDT
Phoenix STONK
Lighter STONK
BingX STONK-USDT
Bybit STONKUSDT
MEXC STONK_USDT
BloFin STONK-USDT