Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.051%
Price spread now: Gate against Bybit+0.070%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.070%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.064% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COINUSDT | 200.22 | 0 | get 0.0000% / 8h | 7h 01m | $5.0M | $5.9M | 50x |
| Short | Gate COIN_USDT | 200.36 | 0 | get 0.0000% / 8h | 7h 01m | $1.3M | $6.9M | 50x |
Bybit COINUSDT
Gate COIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.070% → +0.006%
- $6.42
- Slippage, 4 orders
- −$37.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.48
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from Bybit: 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 Bybit live order book, 2 min ago | 1.50 bp | 17.8 bp −$18 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.49 bp | 21.2 bp −$21 | 58.6 bp −$586 | doesn't fit | doesn't fit |
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 200.34 | +0.060% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 200.34 | +0.060% | $367K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 200.22 | −0.002% | $119K | $705K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 200.24 | +0.010% | $15.6M | $75.0M | 20x | as long as short |
| Bybit COINUSDTlong | 0.0000% | 8h | 200.22 | long leg | $5.0M | $5.9M | 50x | |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 200.17 | −0.025% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDTshort | 0.0000% | 8h | 200.36 | +0.070% | $1.3M | $6.9M | 50x | |
| Bitget COINUSDT | 0.0000% | 8h | 200.33 | +0.055% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 200.23 | +0.005% | $830K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 200.95 | +0.364% | $13K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
OKX COIN-USDT-SWAP
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 200.29 | +0.035% | $1.4M | $3.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 200.17 | −0.025% | $431K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 200.71 | +0.245% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 200.11 | −0.055% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 200.25 | +0.015% | $16.7M | $12.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 200.18 | −0.020% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 200.25 | +0.015% | $101 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 200.07 | −0.075% | $355K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 200.10 | −0.058% | $395K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 200.40 | +0.090% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 200.36 | +0.070% | $90K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 200.21 | −0.005% | $579 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 200.25 | +0.016% | $118 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 200.21 | −0.005% | $199K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 200.79 | +0.285% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0289% | 4h | 200.57 | +0.174% | $52K | $295K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC