Settings8H · net · $10k
Funding arb · Price arb /

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.088%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$2452.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.088%, 7d avg +0.112%
Together, before fees−0.247%−$25 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: Binance is 0.024% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ATH_USDT0.0055760.0100pay 0.0050% / 4h1h 44m$796K$516K30x
ShortBinance ATHUSDT0.0055810.0100get 0.0050% / 4h1h 44m$3.4M$3.9M50x

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

Funding earned
$0
Price spread: +0.088% → +0.112%
−$2.35
Slippage, 4 orders
−$220.16
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$247.52
Costs to cover
2.452%
Break-even
never at this rate
Slippage from Gate: live order book, 37 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 37 min ago8.02 bp96.4 bp −$96doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago3.59 bp34.3 bp −$3499.1 bp −$991doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.4633%1h0.005570−0.109%$19K$106K10xas long as short
Variational Omni ATH−0.0051%4h0.005564−0.224%$187K$93Kas long as short
dYdX ATH-USD−0.0018%1h0.005584+0.152%$11K$165xas long as short
OKX ATH-USDT-SWAP+0.0082%4h0.005569−0.126%$711K$1.2M20xas long as short
BloFin ATH-USDT+0.0090%4h0.005583+0.126%$174K$62K75xas long as short
Aster ATHUSDT+0.0100%4h0.005583+0.120%$6K$35K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005581+0.088%$3.4M$3.9M50x
Bybit ATHUSDT+0.0100%4h0.005574−0.036%$4.5M$2.3M25xas long as short
Gate ATH_USDTlong+0.0100%4h0.005576long leg$796K$516K30x
MEXC ATH_USDT+0.0100%4h0.005583+0.126%$8.9M$648K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005573−0.054%$571K$81K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005578+0.036%$1.6M$797K25xas long as short
BingX ATH-USDT+0.0100%4h0.005574−0.036%$22.0Mas long as short