Funding you earn now, next payment 08:00 UTC−0.0391%/8h= −42.8% APRnext payment −$3.91 per $10,000 · paid last 24h −0.085%
Price spread now: Bitget against Gate+0.135%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$860.855% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days−0.128%−$13 · spread now +0.135%, 7d avg +0.010%
=The price spread pays, funding is against you. Bitget is 0.125% dearer against Gate than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of +0.010%): +$12 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.028% in total) that is about 31 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.91 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 AMAT_USDT | 459.60 | 0 | get 0.0000% / 8h | 2h 26m | $1.5M | $6.6M | 50x |
| Short | Bitget AMATUSDT | 460.22 | −0.0391 | pay 0.0391% / 8h | 2h 26m | $1.9M | $1.8M | 20x |
Gate AMAT_USDT
Bitget AMATUSDTFunding 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
- −$82.11
- Price spread: +0.135% → +0.010%
- $12.5
- Slippage, 4 orders
- −$58.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$155.13
- Costs to cover
- 0.855%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 5 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, 1 min ago | 5.43 bp | 32.0 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.00 bp | 19.6 bp −$20 | 165.3 bp −$1,653 | doesn't fit | doesn't fit |
AMAT on 16 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 AMATUSDTshort | −0.0391% | 8h | 460.22 | +0.135% | $1.9M | $1.8M | 20x | |
| BloFin AMAT-USDT | −0.0004% | 8h | 459.68 | +0.017% | $108K | $109K | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 459.99 | +0.086% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 459.40 | −0.043% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 459.56 | −0.009% | $8.4M | $13.7M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 459.56 | −0.009% | $851K | $691K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 460.00 | +0.087% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDTlong | 0.0000% | 8h | 459.60 | long leg | $1.5M | $6.6M | 50x | |
| Variational Omni AMAT | 0.0000% | 8h | 459.93 | +0.072% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 460.45 | +0.185% | $175 | $109K | 10x | as long as short |
BloFin AMAT-USDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Variational Omni AMAT
GRVT AMAT_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 459.87 | +0.059% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 459.48 | −0.026% | $2.5M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 459.59 | −0.002% | $399K | $550K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 460.07 | +0.102% | $1K | $378K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 460.46 | +0.187% | $167K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0225% | 1h | 460.48 | +0.191% | $18K | $110K | 10x | as long as short |
Vest AMAT-USD-PERP
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT