Funding you earn now, next payment 08:00 UTC+0.0624%/8h= +68.3% APRnext payment +$3.12 per $10,000 · paid last 24h +0.234%
Price spread now: Binance against Gate−0.093%7-day average +0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs+$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1011.007% of the position
Funding, last 7 days+1.706%+$171 on $10k
+Price spread, last 7 days+0.122%+$12 · spread now −0.093%, 7d avg +0.152%
=Funding pays, the price is against you. Binance is 0.246% cheaper against Gate than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of +0.152%). If the spread goes back, that is −$25 on $10k: about 32 hours of funding at the current rate (+$19 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BR_USDT | 1.1612 | 0.0236 | pay 0.0118% / 4h | 24m 15s | $7.6M | $8.9M | 20x |
| Short | Binance BRUSDT | 1.1601 | 0.0860 | get 0.0430% / 4h | 24m 15s | $55.2M | $133.0M | 25x |
Gate BR_USDT
Binance BRUSDTFunding 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
- $130.96
- Price spread: −0.093% → +0.152%
- −$24.57
- Slippage, 4 orders
- −$75.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $5.67
- Costs to cover
- 1.007%
- Break-even
- 6.7 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 4 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, 4 min ago | 1.03 bp | 33.9 bp −$34 | 682.2 bp −$6,822 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.47 bp | 12.7 bp −$13 | 51.9 bp −$519 | 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 | +0.0094% | 4h | 1.1609 | −0.022% | — | $5.6M | — | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1598 | −0.118% | $276K | $264K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1613 | +0.011% | — | $737K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1619 | +0.062% | $89K | $238K | 20x | as long as short |
| Bybit BRUSDT | +0.0114% | 4h | 1.1600 | −0.104% | $11.3M | $21.7M | 5x | as long as short |
| Aster BRUSDT | +0.0217% | 4h | 1.1614 | +0.015% | $675K | $2.2M | 5x | as long as short |
| Gate BR_USDTlong | +0.0236% | 4h | 1.1612 | long leg | $7.6M | $8.9M | 20x | |
| Bitget BRUSDT | +0.0256% | 4h | 1.1606 | −0.047% | $8.5M | $9.8M | 10x | as long as short |
| KuCoin BRUSDTM | +0.0346% | 4h | 1.1629 | +0.146% | $5.1M | $4.9M | 30x | as long as short |
| Binance BRUSDTshort | +0.0860% | 4h | 1.1601 | −0.093% | $55.2M | $133.0M | 25x |
BingX BR-USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bybit BRUSDT
Aster BRUSDT
Bitget BRUSDT
KuCoin BRUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0864% | 4h | 1.1612 | −0.003% | $15.6M | $6.2M | 100x | as long as short |
MEXC BR_USDT