Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.105%
Price spread now: Binance against Gate+0.091%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$653as in the Price arb table
costs, in and out, $10k−$6526.517% of the position
Funding, last 7 days−0.556%−$56 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.091%, 7d avg +0.104%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APR_USDT | 0.1423 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $677K | $199K | 25x |
| Short | Binance APRUSDT | 0.1424 | 0.0100 | get 0.0050% / 4h | 1h 31m | $6.5M | $4.5M | 50x |
Gate APR_USDT
Binance APRUSDTFunding 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
- $0
- Price spread: +0.091% → +0.104%
- −$1.26
- Slippage, 4 orders
- −$626.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$652.94
- Costs to cover
- 6.517%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; Binance: live order book, 15 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, 13 min ago | 4.51 bp | 276.1 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.51 bp | 39.5 bp −$40 | 157.3 bp −$1,573 | doesn't fit | doesn't fit |
APR on 12 exchanges
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 APR-USDT | +0.0062% | 4h | 0.1423 | +0.021% | $281K | $123K | 50x | as long as short |
| Binance APRUSDTshort | +0.0100% | 4h | 0.1424 | +0.091% | $6.5M | $4.5M | 50x | |
| Bybit APRUSDT | +0.0100% | 4h | 0.1423 | +0.021% | $1.4M | $573K | 20x | as long as short |
| OKX APR-USDT-SWAP | +0.0100% | 4h | 0.1424 | +0.091% | $1.2M | $2.2M | 20x | as long as short |
| Gate APR_USDTlong | +0.0100% | 4h | 0.1423 | long leg | $677K | $199K | 25x | |
| MEXC APR_USDT | +0.0100% | 4h | 0.1424 | +0.091% | $365K | $154K | 50x | as long as short |
| Bitget APRUSDT | +0.0100% | 4h | 0.1425 | +0.183% | $3.8M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0100% | 4h | 0.1424 | +0.091% | — | $1.3M | — | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1425 | +0.176% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1421 | −0.119% | $16K | $42K | 20x | as long as short |
BloFin APR-USDT
Bybit APRUSDT
OKX APR-USDT-SWAP
MEXC APR_USDT
Bitget APRUSDT
BingX APR-USDT
SunX APR-USDT
HTX APR-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0371% | 4h | 0.1423 | +0.050% | $68K | $73K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0642% | 4h | 0.1423 | +0.049% | $2.3M | $319K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM