Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate+0.084%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1891.894% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.084%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.132% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AUCTION_USDT | 3.6820 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $102K | $65K | 50x |
| Short | Binance AUCTIONUSDT | 3.6851 | 0.0100 | get 0.0050% / 4h | 3h 20m | $2.4M | $1.5M | 50x |
Gate AUCTION_USDT
Binance AUCTIONUSDTFunding 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: +0.084% → −0.048%
- $13.2
- Slippage, 4 orders
- −$164.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$176.24
- Costs to cover
- 1.894%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 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, 45 min ago | 5.41 bp | 82.2 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.36 bp | 22.4 bp −$22 | 93.9 bp −$939 | doesn't fit | doesn't fit |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.1063% | 1h | 3.6874 | +0.147% | $8K | $269 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6833 | +0.034% | $883 | $2K | 5x | as long as short |
| Binance AUCTIONUSDTshort | +0.0100% | 4h | 3.6851 | +0.084% | $2.4M | $1.5M | 50x | |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6900 | +0.217% | $578K | $268K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6850 | +0.081% | $770K | $654K | 20x | as long as short |
| Gate AUCTION_USDTlong | +0.0100% | 8h | 3.6820 | long leg | $102K | $65K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6850 | +0.081% | $446K | $142K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6850 | +0.081% | $370K | $114K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6850 | +0.081% | $376K | $133K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6860 | +0.109% | — | $7.8M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6899 | +0.214% | $171 | $38 | — | as long as short |
Variational Omni AUCTION