Funding you earn now, next payment 04:00 UTC−0.0598%/8h= −65.5% APRnext payment −$2.99 per $10,000 · paid last 24h −0.046%
Price spread now: Binance against Gate+0.283%7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,104as in the Price arb table
costs, in and out, $10k−$1,10711.066% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.283%, 7d avg +0.255%
=The price spread pays, funding is against you. Binance is 0.028% dearer against Gate than usual: you sell high and buy low (spread +0.283% now, against its 7-day average of +0.255%): +$3 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.496% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AIO_USDT | 0.03905 | 0.0698 | pay 0.0349% / 4h | 3h 44m | $456K | $150K | 20x |
| Short | Binance AIOUSDT | 0.03916 | 0.0100 | get 0.0050% / 4h | 3h 44m | $3.2M | $2.1M | 50x |
Gate AIO_USDT
Binance AIOUSDTFunding 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
- −$125.58
- Price spread: +0.283% → +0.255%
- $2.84
- Slippage, 4 orders
- −$1,081.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,229.29
- Costs to cover
- 11.066%
- Break-even
- never at this rate
Slippage from Gate: live order book, 27 min ago; Binance: live order book, 7 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, 27 min ago | 5.16 bp | 538.4 bp −$538 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.57 bp | 40.6 bp −$41 | 179.9 bp −$1,799 | doesn't fit | doesn't fit |
AIO on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AIOUSDT | +0.0100% | 4h | 0.03906 | +0.015% | $21K | $19K | 5x | as long as short |
| Binance AIOUSDTshort | +0.0100% | 4h | 0.03916 | +0.283% | $3.2M | $2.1M | 50x | |
| Bybit AIOUSDT | +0.0100% | 4h | 0.03908 | +0.077% | $580K | $71K | 5x | as long as short |
| MEXC AIO_USDT | +0.0100% | 4h | 0.03915 | +0.256% | $230K | $121K | 50x | as long as short |
| KuCoin AIOUSDTM | +0.0100% | 4h | 0.03903 | −0.051% | $799K | $53K | 30x | as long as short |
| Bitget AIOUSDT | +0.0100% | 4h | 0.03909 | +0.102% | $1.2M | $379K | 50x | as long as short |
| BingX AIO-USDT | +0.0100% | 4h | 0.03914 | +0.230% | — | $6.6M | — | as long as short |
| Gate AIO_USDTlong | +0.0698% | 4h | 0.03905 | long leg | $456K | $150K | 20x |
Aster AIOUSDT
Bybit AIOUSDT
MEXC AIO_USDT
KuCoin AIOUSDTM
Bitget AIOUSDT
BingX AIO-USDT