Funding you earn now, next payment 02:00 UTC−0.0099%/8h= −10.9% APRpaid last 24h +0.176%
Price spread now: tradeXYZ against Gate−0.427%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$474as in the Price arb table
costs, in and out, $10k−$4484.476% of the position
Funding, last 7 days+0.580%+$58 on $10k
+Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.427%, 7d avg −0.165%
=Together, before fees+0.788%+ Points / potential airdroptradeXYZ: Active · farm board+$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.262% cheaper against Gate than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.165%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.580%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BOT_USDT | 29.510 | 0 | get 0.0000% / 8h | 6h 35m | $256K | $243K | 20x |
| Short | tradeXYZ xyz:BOT | 29.384 | −0.0099 | pay 0.0012% / 1h | 35m 29s | $3.1M | $828K | 10x |
Gate BOT_USDT
tradeXYZ xyz:BOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$20.84
- Price spread: −0.427% → −0.165%
- −$26.19
- Slippage, 4 orders
- −$414.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$494.58
- Costs to cover
- 4.476%
- Break-even
- never at this rate
Slippage from Gate: live order book, 26 min ago; tradeXYZ: live order book, 1 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, 26 min ago | 40.42 bp | 115.7 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 1 min ago | 5.95 bp | 45.5 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1966% | 8h | 29.460 | −0.169% | $96K | $304K | 20x | as long as short |
| Binance BOTUSDT | −0.1515% | 8h | 29.418 | −0.311% | $452K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1434% | 8h | 29.415 | −0.320% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.1180% | 8h | 29.430 | −0.271% | $235K | $231K | 20x | as long as short |
| QFEX BOT-USD | −0.0320% | 1h | 29.430 | −0.271% | $1.2M | $510K | 10x | as long as short |
| tradeXYZ xyz:BOTshort | −0.0099% | 1h | 29.384 | −0.427% | $3.1M | $828K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.360 | −0.508% | $467K | $471K | 25x | as long as short |
| Gate BOT_USDTlong | 0.0000% | 8h | 29.510 | long leg | $256K | $243K | 20x | |
| Bitget BOTUSDT | 0.0000% | 8h | 29.520 | +0.034% | $248K | $133K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.565 | +0.186% | $68K | $2K | 3x | as long as short |
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Bybit BOTUSDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.380 | −0.441% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.418 | −0.312% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT