Funding you earn now, next payment 12:00 UTC−0.0550%/8h= −60.2% APRnext payment −$2.75 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Binance−0.707%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days−0.598%−$60 on $10k
+Price spread, last 4 days (all we have)+0.637%+$64 · spread now −0.707%, 7d avg −0.127%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Gate is 0.580% cheaper against Binance than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of −0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 龙虾USDT | 0.1834 | 0.0650 | pay 0.0325% / 4h | 2h 09m | $44.3M | $224.4M | 10x |
| Short | Gate 龙虾_USDT | 0.1821 | 0.0100 | get 0.0050% / 4h | 2h 09m | $3.6M | $13.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$115.42
- Price spread: −0.707% → −0.127%
- −$58.01
- Slippage, 4 orders
- −$156.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$354.84
- Costs to cover
- 1.814%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago | 5.08 bp | 24.5 bp −$24 | 117.4 bp −$1,174 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.98 bp | 62.7 bp −$63 | 362.0 bp −$3,620 | doesn't fit | doesn't fit |
龙虾 on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 龙虾_USDTshort | +0.0100% | 4h | 0.1821 | −0.707% | $3.6M | $13.4M | 10x | |
| SunX 龙虾-USDT | +0.0100% | 4h | 0.1811 | −1.264% | $2K | $2.3M | 20x | as long as short |
| HTX 龙虾-USDT | +0.0206% | 4h | 0.1822 | −0.615% | $257K | $1.5M | 10x | as long as short |
| Bitget 龙虾USDT | +0.0254% | 4h | 0.1828 | −0.297% | $50.9M | $13.8M | 5x | as long as short |
| Binance 龙虾USDTlong | +0.0650% | 4h | 0.1834 | long leg | $44.3M | $224.4M | 10x | |
| Aster 龙虾USDT | +0.3931% | 4h | 0.1836 | +0.100% | $9.1M | $28.3M | 5x | as long as short |
Binance 龙虾USDT
Gate 龙虾_USDT
SunX 龙虾-USDT
HTX 龙虾-USDT
Bitget 龙虾USDT
Aster 龙虾USDT