Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.144%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3123.121% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.144%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.175% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01385 | 0.0100 | pay 0.0100% / 8h | 6h 26m | $936K | $180K | 50x |
| Short | Bitget USUALUSDT | 0.01383 | 0.0100 | get 0.0050% / 4h | 2h 26m | $829K | $400K | 50x |
Gate USUAL_USDT
Bitget USUALUSDTFunding 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
- $0
- Price spread: −0.144% → +0.030%
- −$17.46
- Slippage, 4 orders
- −$285.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$329.58
- Costs to cover
- 3.121%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 min ago; Bitget: live order book, 39 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, 40 min ago | 3.63 bp | 169.1 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 39 min ago | 3.63 bp | 18.8 bp −$19 | 87.2 bp −$872 | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4129% | 1h | 0.01357 | −2.022% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0645% | 1h | 0.01382 | −0.203% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01383 | −0.144% | $396K | $182K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01383 | −0.181% | $2.2M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01384 | −0.094% | $1.0M | $762K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01385 | long leg | $936K | $180K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01382 | −0.231% | $6.0M | $241K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01385 | 0.000% | $273K | $56K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01383 | −0.144% | $829K | $400K | 50x | |
| BingX USUAL-USDT | +0.0100% | 4h | 0.01383 | −0.144% | — | $1.2M | — | as long as short |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
BingX USUAL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01382 | −0.228% | $10K | $208 | — | as long as short |
Variational Omni USUAL