Funding you earn now, next payment 04:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.033%
Price spread now: Binance against Gate+0.059%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$514as in the Funding arb table
Net, price: spread back to 7d avg − costs−$498as in the Price arb table
costs, in and out, $10k−$5025.023% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.059%, 7d avg +0.015%
=The price spread pays, funding is against you. Binance is 0.044% dearer against Gate than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.015%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.120% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BSB_USDT | 0.1060 | 0.0430 | pay 0.0215% / 4h | 3h 46m | $628K | $122K | 20x |
| Short | Binance BSBUSDT | 0.1060 | 0.0266 | get 0.0133% / 4h | 3h 46m | $6.1M | $3.5M | 10x |
Funding 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
- −$34.52
- Price spread: +0.059% → +0.015%
- $4.42
- Slippage, 4 orders
- −$477.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$532.36
- Costs to cover
- 5.023%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; Binance: live order book, 7 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, 25 min ago | 8.98 bp | 275.6 bp −$276 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.36 bp | 27.4 bp −$27 | 246.2 bp −$2,462 | doesn't fit | doesn't fit |
BSB on 13 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 BSBUSDT | +0.0100% | 4h | 0.1058 | −0.160% | $2.9M | $844K | 25x | as long as short |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1059 | −0.076% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1059 | −0.057% | $500K | $121K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1059 | −0.076% | $3.4M | $859K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1056 | −0.308% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1059 | −0.019% | $1K | $906K | 10x | as long as short |
| BloFin BSB-USDT | +0.0208% | 4h | 0.1059 | −0.009% | $272K | $41K | 10x | as long as short |
| BingX BSB-USDT | +0.0260% | 4h | 0.1059 | −0.076% | — | $1.8M | — | as long as short |
| Extended BSB-USD | +0.0264% | 1h | 0.1060 | +0.045% | $1K | $225K | 5x | as long as short |
| MEXC BSB_USDT | +0.0264% | 4h | 0.1060 | +0.057% | $1.1M | $155K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BSBUSDTshort | +0.0266% | 4h | 0.1060 | +0.059% | $6.1M | $3.5M | 10x | |
| Aster BSBUSDT | +0.0279% | 4h | 0.1058 | −0.104% | $29K | $18K | 5x | as long as short |
| Gate BSB_USDTlong | +0.0430% | 4h | 0.1060 | long leg | $628K | $122K | 20x |
Gate BSB_USDT
Binance BSBUSDT
Bybit BSBUSDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
BloFin BSB-USDT
BingX BSB-USDT
Extended BSB-USD
MEXC BSB_USDT
Aster BSBUSDT