Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against Binance+0.113%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,320as in the Price arb table
costs, in and out, $10k−$1,33613.355% of the position
Funding, last 7 days+0.260%+$26 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.113%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.155% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.02132 | 0.0664 | pay 0.0332% / 4h | 2h 57m | $8.2M | $11.4M | 20x |
| Short | Gate 4_USDT | 0.02134 | 0.0720 | get 0.0360% / 4h | 2h 57m | $582K | $244K | 20x |
Binance 4USDT
Gate 4_USDTFunding 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
- $11.86
- Price spread: +0.113% → −0.042%
- $15.51
- Slippage, 4 orders
- −$1,310.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,308.16
- Costs to cover
- 13.355%
- Break-even
- 779.3 days
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 9 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, 13 min ago | 1.61 bp | 25.6 bp −$26 | 280.9 bp −$2,809 | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 6.48 bp | 508.4 bp −$508 | doesn't fit | doesn't fit | doesn't fit |
4 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02133 | +0.044% | $49K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02134 | +0.089% | $2K | $1.1M | 20x | as long as short |
| Bybit 4USDT | +0.0453% | 4h | 0.02130 | −0.094% | $2.8M | $1.7M | 5x | as long as short |
| Aster 4USDT | +0.0551% | 4h | 0.02136 | +0.178% | $248K | $92K | 5x | as long as short |
| KuCoin 4USDTM | +0.0638% | 4h | 0.02129 | −0.145% | $960K | $12.7M | 20x | as long as short |
| MEXC 4_USDT | +0.0660% | 4h | 0.02131 | −0.051% | $1.7M | $858K | 100x | as long as short |
| Binance 4USDTlong | +0.0664% | 4h | 0.02132 | long leg | $8.2M | $11.4M | 20x | |
| BingX 4-USDT | +0.0666% | 4h | 0.02129 | −0.159% | — | $1.4M | — | as long as short |
| Gate 4_USDTshort | +0.0720% | 4h | 0.02134 | +0.113% | $582K | $244K | 20x |
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
KuCoin 4USDTM
MEXC 4_USDT
BingX 4-USDT