Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.80 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Binance+0.158%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$350as in the Funding arb table
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3503.505% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.158%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.175% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ACTUSDT | 0.01112 | 0.0100 | pay 0.0050% / 4h | 3h 34m | $2.1M | $2.3M | 10x |
| Short | Gate ACT_USDT | 0.01114 | 0.0260 | get 0.0130% / 4h | 3h 34m | $159K | $93K | 25x |
Binance ACTUSDT
Gate ACT_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
- $33.6
- Price spread: +0.158% → −0.018%
- $17.54
- Slippage, 4 orders
- −$325.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$299.33
- Costs to cover
- 3.505%
- Break-even
- 69.4 days
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 12 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, 1 min ago | 3.60 bp | 38.4 bp −$38 | 364.0 bp −$3,640 | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 9.00 bp | 174.4 bp −$174 | doesn't fit | doesn't fit | doesn't fit |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDTlong | +0.0100% | 4h | 0.01112 | long leg | $2.1M | $2.3M | 10x | |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01112 | −0.022% | $6.5M | $114K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01113 | +0.068% | $268K | $85K | 10x | as long as short |
| OKX ACT-USDT-SWAP | +0.0158% | 4h | 0.01114 | +0.122% | $796K | $1.4M | 10x | as long as short |
| Gate ACT_USDTshort | +0.0260% | 4h | 0.01114 | +0.158% | $159K | $93K | 25x | |
| BingX ACT-USDT | +0.0866% | 4h | 0.01112 | +0.023% | — | $1.3M | — | as long as short |
| Bybit ACTUSDT | +0.0939% | 4h | 0.01115 | +0.239% | $632K | $439K | 25x | as long as short |
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP
BingX ACT-USDT
Bybit ACTUSDT