Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.48 per $10,000 · paid last 24h −0.033%
Price spread now: Binance against Gate+0.010%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,374as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,351as in the Price arb table
costs, in and out, $10k−$1,34813.478% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.010%, 7d avg +0.042%
=Funding pays, the price is against you. Binance is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.260%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 4_USDT | 0.02086 | 0.0524 | pay 0.0262% / 4h | 2h 51m | $568K | $258K | 20x |
| Short | Binance 4USDT | 0.02086 | 0.0621 | get 0.0310% / 4h | 2h 51m | $8.0M | $11.8M | 20x |
Gate 4_USDT
Binance 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $20.31
- Price spread: +0.010% → +0.042%
- −$3.28
- Slippage, 4 orders
- −$1,322.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,330.74
- Costs to cover
- 13.478%
- Break-even
- 465.7 days
Slippage from Gate: live order book, 15 min ago; Binance: live order book, 4 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, 15 min ago | 6.48 bp | 771.5 bp −$771 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.15 bp | 48.1 bp −$48 | 252.9 bp −$2,529 | 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 | 0.02084 | −0.083% | $48K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02083 | −0.134% | $1K | $1.1M | 20x | as long as short |
| Bybit 4USDT | +0.0228% | 4h | 0.02083 | −0.110% | $2.7M | $1.8M | 5x | as long as short |
| Aster 4USDT | +0.0484% | 4h | 0.02083 | −0.112% | $244K | $98K | 5x | as long as short |
| Gate 4_USDTlong | +0.0524% | 4h | 0.02086 | long leg | $568K | $258K | 20x | |
| KuCoin 4USDTM | +0.0594% | 4h | 0.02086 | +0.010% | $928K | $12.7M | 20x | as long as short |
| Binance 4USDTshort | +0.0621% | 4h | 0.02086 | +0.010% | $8.0M | $11.8M | 20x | |
| MEXC 4_USDT | +0.0624% | 4h | 0.02087 | +0.058% | $1.6M | $880K | 100x | as long as short |
| BingX 4-USDT | +0.0638% | 4h | 0.02087 | +0.077% | — | $1.4M | — | as long as short |
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Aster 4USDT
KuCoin 4USDTM
MEXC 4_USDT
BingX 4-USDT