Funding arb · Price arb /

AT

all AT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance−0.149%7-day average −0.051% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.416%+$42 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.149%, 7d avg −0.051%

Together, before fees+0.400%+$40 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.098% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ATUSDT	0.1608	0.0100	pay 0.0050% / 4h	1h 19m	$8.8M	$3.4M	50x
Short	Gate AT_USDT	0.1606	0.0100	get 0.0050% / 4h	1h 19m	$160K	$193K	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 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 BinancebpFee GatebpOrdersPrice spread, now −0.149%Rate

Funding earned: $0
Price spread: −0.149% → −0.051%: −$9.81
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$34.81
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; Gate: live order book, 36 min ago. Net counts fees only.

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, 5 min ago	3.12 bp	40.3 bp −$40	304.1 bp −$3,041	doesn't fit	doesn't fit
Sell Gate live order book, 36 min ago	12.39 bp	358.9 bp −$359	doesn't fit	doesn't fit	doesn't fit

AT on 10 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
Binance ATUSDTlong	+0.0100%	4h	0.1608	long leg	$8.8M	$3.4M	50x
Gate AT_USDTshort	+0.0100%	4h	0.1606	−0.149%	$160K	$193K	20x
MEXC AT_USDT	+0.0100%	4h	0.1607	−0.062%	$216K	$164K	50x	as long as short
KuCoin ATUSDTM	+0.0100%	4h	0.1603	−0.311%	$277K	$146K	50x	as long as short
Bitget ATUSDT	+0.0100%	4h	0.1602	−0.373%	$704K	$158K	50x	as long as short
BloFin AT-USDT	+0.0103%	4h	0.1602	−0.373%	$375K	$8K	50x	as long as short
OKX AT-USDT-SWAP	+0.0110%	4h	0.1613	+0.311%	$225K	$517K	20x	as long as short
Aster ATUSDT	+0.0165%	4h	0.1608	−0.015%	$32K	$12K	5x	as long as short
Bybit ATUSDT	+0.0251%	4h	0.1610	+0.093%	$514K	$956K	25x	as long as short
BingX AT-USDT	+0.0268%	4h	0.1610	+0.124%	—	$6.5M	—	as long as short