Funding you earn now, next payment 08:00 UTC−0.0561%/8h= −61.5% APRnext payment −$2.81 per $10,000 · paid last 24h −0.311%
Price spread now: Gate against Binance−0.391%7-day average −0.261% · you buy dearer than you sell
Net, funding: paid 7d − costs−$530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$495as in the Price arb table
costs, in and out, $10k−$4824.816% of the position
Funding, last 7 days−0.483%−$48 on $10k
+Price spread, last 4 days (all we have)+0.515%+$52 · spread now −0.391%, 7d avg −0.261%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.130% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.261%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALCHUSDT | 0.05119 | 0.0661 | pay 0.0331% / 4h | 14m 29s | $6.0M | $29.1M | 10x |
| Short | Gate ALCH_USDT | 0.05099 | 0.0100 | get 0.0050% / 4h | 14m 29s | $290K | $737K | 20x |
Binance ALCHUSDT
Gate ALCH_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
- −$117.89
- Price spread: −0.391% → −0.261%
- −$12.98
- Slippage, 4 orders
- −$456.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$612.43
- Costs to cover
- 4.816%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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, 12 min ago | 2.96 bp | 44.7 bp −$45 | 371.6 bp −$3,716 | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 12.82 bp | 191.9 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05118 | −0.020% | $2.9M | $6.6M | 20x | as long as short |
| Gate ALCH_USDTshort | +0.0100% | 4h | 0.05099 | −0.391% | $290K | $737K | 20x | |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05121 | +0.039% | $899K | $2.2M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05084 | −0.689% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0500% | 4h | 0.05104 | −0.298% | $13K | $134K | 5x | as long as short |
| MEXC ALCH_USDT | +0.0660% | 4h | 0.05097 | −0.430% | $5.0M | $2.6M | 100x | as long as short |
| Binance ALCHUSDTlong | +0.0661% | 4h | 0.05119 | long leg | $6.0M | $29.1M | 10x | |
| BingX ALCH-USDT | +0.0666% | 4h | 0.05100 | −0.371% | — | $6.8M | — | as long as short |
| BloFin ALCH-USDT | +0.0703% | 4h | 0.05087 | −0.625% | $384K | $122K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.0998% | 4h | 0.05082 | −0.723% | $1.2M | $328K | 10x | as long as short |
Bybit ALCHUSDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
MEXC ALCH_USDT
BingX ALCH-USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.2601% | 1h | 0.05077 | −0.825% | $12K | $36K | 10x | as long as short |
Kraken Futures PF_ALCHUSD