ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1576%/8h= +172.6% APRnext payment +$7.88 per $10,000 · paid last 24h +0.295%

Price spread now: Binance against Gate+0.067%7-day average +0.276% · you sell dearer than you buy

Net, funding: paid 7d − costs−$391as in the Funding arb table

Net, price: spread back to 7d avg − costs−$457as in the Price arb table

costs, in and out, $10k−$4364.358% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.447%+$45 on $10k

Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.067%, 7d avg +0.276%

Together, before fees+0.136%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.209% cheaper against Gate than usual: you would sell low and buy high (spread +0.067% now, against its 7-day average of +0.276%). If the spread goes back, that is −$21 on $10k: about 11 hours of funding at the current rate (+$47 a day). At the pace of the last 7 days (+0.447% in total) that is about 3.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.447% in total (about 23.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.88 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	Gate ALCH_USDT	0.05383	0.0100	pay 0.0050% / 4h	3h 19m	$291K	$631K	20x
Short	Binance ALCHUSDT	0.05387	0.1676	get 0.0838% / 4h	3h 19m	$6.6M	$25.3M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.067%Rate

Funding earned: $331
Price spread: +0.067% → +0.276%: −$20.93
Slippage, 4 orders: −$410.83
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$125.76
Costs to cover: 4.358%
Break-even: 9.7 days

Slippage from Gate: live order book, 43 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, 43 min ago	9.57 bp	193.7 bp −$194	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	4.67 bp	37.3 bp −$37	176.7 bp −$1,767	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
BingX ALCH-USDT	+0.0070%	4h	0.05384	+0.019%	—	$6.7M	—	as long as short
Bybit ALCHUSDT	+0.0100%	4h	0.05367	−0.297%	$3.3M	$5.5M	20x	as long as short
Gate ALCH_USDTlong	+0.0100%	4h	0.05383	long leg	$291K	$631K	20x
Bitget ALCHUSDT	+0.0100%	4h	0.05384	+0.019%	$988K	$1.5M	10x	as long as short
Variational Omni ALCH	+0.0100%	4h	0.05359	−0.453%	$3K	$17K	—	as long as short
Aster ALCHUSDT	+0.1431%	4h	0.05389	+0.111%	$13K	$78K	5x	as long as short
MEXC ALCH_USDT	+0.1676%	4h	0.05396	+0.242%	$5.3M	$2.2M	100x	as long as short
Binance ALCHUSDTshort	+0.1676%	4h	0.05387	+0.067%	$6.6M	$25.3M	10x
BloFin ALCH-USDT	+0.1719%	4h	0.05385	+0.037%	$430K	$110K	10x	as long as short
KuCoin ALCHUSDTM	+0.1722%	4h	0.05383	0.000%	$1.3M	$249K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.1803%	1h	0.05381	−0.031%	$9K	$30K	10x	as long as short