Funding you earn now, next payment 04:00 UTC−0.0221%/8h= −24.2% APRpaid last 24h −0.140%
Price spread now: Gate against Binance−0.291%7-day average −0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2192.191% of the position
Funding, last 7 days−0.395%−$39 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.291%, 7d avg −0.254%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.254%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANUSDT | 0.06873 | 0.0321 | pay 0.0160% / 4h | 3h 19m | $6.7M | $747K | 25x |
| Short | Gate BAN_USDT | 0.06853 | 0.0100 | get 0.0100% / 8h | 7h 19m | $1.2M | $44K | 20x |
Binance BANUSDT
Gate BAN_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
- −$46.35
- Price spread: −0.291% → −0.254%
- −$3.66
- Slippage, 4 orders
- −$194.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$269.13
- Costs to cover
- 2.191%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 3.64 bp | 43.5 bp −$43 | 495.6 bp −$4,956 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 7.29 bp | 58.0 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
BAN on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06860 | −0.189% | $12K | $377 | 5x | as long as short |
| Bybit BANUSDT | +0.0100% | 4h | 0.06860 | −0.189% | $2.9M | $279K | 13x | as long as short |
| Gate BAN_USDTshort | +0.0100% | 8h | 0.06853 | −0.291% | $1.2M | $44K | 20x | |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06846 | −0.393% | $316K | $16K | 20x | as long as short |
| Bitget BANUSDT | +0.0100% | 4h | 0.06862 | −0.160% | $1.1M | $49K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06851 | −0.315% | $16 | — | — | as long as short |
| MEXC BAN_USDT | +0.0320% | 4h | 0.06879 | +0.087% | $8.2M | $145K | 100x | as long as short |
| Binance BANUSDTlong | +0.0321% | 4h | 0.06873 | long leg | $6.7M | $747K | 25x |
Aster BANUSDT
Bybit BANUSDT
KuCoin BANUSDTM
Bitget BANUSDT
Variational Omni BAN
MEXC BAN_USDT