Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.189%
Price spread now: Binance against Gate−0.245%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$480as in the Funding arb table
Net, price: spread back to 7d avg − costs−$468as in the Price arb table
costs, in and out, $10k−$4604.601% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days+0.005%$0 · spread now −0.245%, 7d avg −0.161%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.084% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.161%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BULLA_USDT | 0.1057 | 0.1050 | pay 0.0525% / 4h | 2h 41m | $1.3M | $374K | 10x |
| Short | Binance BULLAUSDT | 0.1054 | 0.1012 | get 0.0506% / 4h | 2h 41m | $11.7M | $10.1M | 10x |
Gate BULLA_USDT
Binance BULLAUSDTFunding 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
- −$8.05
- Price spread: −0.245% → −0.161%
- −$8.37
- Slippage, 4 orders
- −$435.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$476.49
- Costs to cover
- 4.601%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 13 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, 5 min ago | 3.27 bp | 229.2 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.95 bp | 35.5 bp −$36 | 219.9 bp −$2,199 | doesn't fit | doesn't fit |
BULLA on 5 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 BULLAUSDT | +0.0100% | 4h | 0.1053 | −0.379% | $5.9M | $1.1M | 5x | as long as short |
| BingX BULLA-USDT | +0.0992% | 4h | 0.1054 | −0.243% | — | $6.6M | — | as long as short |
| Binance BULLAUSDTshort | +0.1012% | 4h | 0.1054 | −0.245% | $11.7M | $10.1M | 10x | |
| MEXC BULLA_USDT | +0.1012% | 4h | 0.1054 | −0.253% | $7.6M | $406K | 20x | as long as short |
| Gate BULLA_USDTlong | +0.1050% | 4h | 0.1057 | long leg | $1.3M | $374K | 10x |
Aster BULLAUSDT
BingX BULLA-USDT
MEXC BULLA_USDT