Funding you earn now, next payment 00:00 UTC+0.0678%/8h= +74.2% APRnext payment +$3.39 per $10,000 · paid last 24h −0.024%
Price spread now: Gate against Binance+0.325%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$960as in the Funding arb table
Net, price: spread back to 7d avg − costs−$981as in the Price arb table
costs, in and out, $10k−$1,00510.055% of the position
Funding, last 7 days+0.459%+$46 on $10k
+Price spread, last 4 days (all we have)−0.459%−$46 · spread now +0.325%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Gate is 0.246% dearer against Binance than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.079%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.459% in total (about 23.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AIAUSDT | 0.06900 | 0.0102 | pay 0.0051% / 4h | 1h 55m | $4.9M | $2.2M | 20x |
| Short | Gate AIA_USDT | 0.06922 | 0.0780 | get 0.0390% / 4h | 1h 55m | $332K | $97K | 20x |
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
- $142.29
- Price spread: +0.325% → +0.079%
- $24.57
- Slippage, 4 orders
- −$980.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$838.61
- Costs to cover
- 10.055%
- Break-even
- 48.3 days
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 25 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 | 2.17 bp | 50.4 bp −$50 | 320.4 bp −$3,204 | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 13.74 bp | 461.1 bp −$461 | doesn't fit | doesn't fit | doesn't fit |
AIA 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AIA-USDT | +0.0094% | 4h | 0.06892 | −0.110% | $318K | $17K | 20x | as long as short |
| MEXC AIA_USDT | +0.0102% | 4h | 0.06904 | +0.064% | $3.6M | $484K | 20x | as long as short |
| Binance AIAUSDTlong | +0.0102% | 4h | 0.06900 | long leg | $4.9M | $2.2M | 20x | |
| Extended AIA-USD | +0.0104% | 1h | 0.06897 | −0.041% | $3K | $213K | 5x | as long as short |
| BingX AIA-USDT | +0.0126% | 4h | 0.06911 | +0.165% | — | $2.3M | — | as long as short |
| Aster AIAUSDT | +0.0729% | 4h | 0.06902 | +0.035% | $25K | $39K | 5x | as long as short |
| Gate AIA_USDTshort | +0.0780% | 4h | 0.06922 | +0.325% | $332K | $97K | 20x |
Binance AIAUSDT
Gate AIA_USDT
BloFin AIA-USDT
MEXC AIA_USDT
Extended AIA-USD
BingX AIA-USDT
Aster AIAUSDT