Funding you earn now, next payment 04:00 UTC−0.1011%/8h= −110.7% APRnext payment −$5.05 per $10,000 · paid last 24h −0.253%
Price spread now: Gate against Binance+0.051%7-day average −0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days−1.692%−$169 on $10k
+Price spread, last 7 days−0.100%−$10 · spread now +0.051%, 7d avg −0.151%
=The price spread pays, funding is against you. Gate is 0.202% dearer against Binance than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of −0.151%): +$20 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1238 | 0.1111 | pay 0.0555% / 4h | 1h 45m | $53.7M | $154.5M | 25x |
| Short | Gate BR_USDT | 1.1244 | 0.0100 | get 0.0050% / 4h | 1h 45m | $7.5M | $8.4M | 20x |
Binance BRUSDT
Gate BR_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
- −$212.27
- Price spread: +0.051% → −0.151%
- $20.18
- Slippage, 4 orders
- −$96.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$313.2
- Costs to cover
- 1.211%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 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, 13 min ago | 0.63 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.56 bp | 44.6 bp −$45 | 582.8 bp −$5,828 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1230 | −0.068% | — | $6.2M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1215 | −0.203% | $10.8M | $24.9M | 5x | as long as short |
| Gate BR_USDTshort | +0.0100% | 4h | 1.1244 | +0.051% | $7.5M | $8.4M | 20x | |
| Variational Omni BR | +0.0100% | 4h | 1.1239 | +0.012% | $266K | $281K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1264 | +0.229% | — | $715K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1276 | +0.342% | $86K | $244K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0142% | 4h | 1.1232 | −0.050% | $4.9M | $5.1M | 30x | as long as short |
| Bitget BRUSDT | +0.0336% | 4h | 1.1214 | −0.215% | $8.2M | $11.7M | 10x | as long as short |
| Aster BRUSDT | +0.0663% | 4h | 1.1250 | +0.104% | $664K | $2.5M | 5x | as long as short |
| MEXC BR_USDT | +0.1110% | 4h | 1.1221 | −0.153% | $15.3M | $7.1M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.1111% | 4h | 1.1238 | long leg | $53.7M | $154.5M | 25x |