Funding you earn now, next payment 04:00 UTC+0.1610%/8h= +176.3% APRnext payment +$8.05 per $10,000 · paid last 24h +0.240%
Price spread now: Gate against Binance+0.040%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)−0.305%−$31 · spread now +0.040%, 7d avg −0.107%
=Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Gate is 0.148% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.107%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.05 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 | Binance B2USDT | 0.4952 | 0.0748 | pay 0.0374% / 4h | 2h 11m | $7.9M | $11.2M | 50x |
| Short | Gate B2_USDT | 0.4954 | 0.2358 | get 0.1179% / 4h | 2h 11m | $857K | $409K | 20x |
Binance B2USDT
Gate B2_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $338.12
- Price spread: +0.040% → −0.107%
- $14.76
- Slippage, 4 orders
- −$128.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $199.07
- Costs to cover
- 1.538%
- Break-even
- 2.9 days
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 55 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 Binance live order book, 13 min ago | 3.03 bp | 33.5 bp −$34 | 260.2 bp −$2,602 | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 15.26 bp | 50.4 bp −$50 | 225.9 bp −$2,259 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.4949 | −0.061% | $1.5M | $2.3M | 20x | as long as short |
| Bitget B2USDT | +0.0718% | 4h | 0.4943 | −0.182% | $2.7M | $1.2M | 50x | as long as short |
| BingX B2-USDT | +0.0740% | 4h | 0.4951 | −0.020% | — | $1.4M | — | as long as short |
| MEXC B2_USDT | +0.0746% | 4h | 0.4951 | −0.020% | $561K | $493K | 100x | as long as short |
| Binance B2USDTlong | +0.0748% | 4h | 0.4952 | long leg | $7.9M | $11.2M | 50x | |
| Aster B2USDT | +0.0946% | 4h | 0.4956 | +0.081% | $154K | $168K | 5x | as long as short |
| Variational Omni B2 | +0.1045% | 4h | 0.4946 | −0.119% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.1194% | 4h | 0.4945 | −0.141% | $1.0M | $301K | 50x | as long as short |
| Gate B2_USDTshort | +0.2358% | 4h | 0.4954 | +0.040% | $857K | $409K | 20x |
Bybit B2USDT
Bitget B2USDT
BingX B2-USDT
MEXC B2_USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM