Funding you earn now, next payment 08:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.050%
Price spread now: Gate against Binance−0.164%7-day average +0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$1961.958% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 7 days+0.293%+$29 · spread now −0.164%, 7d avg +0.122%
=Funding pays, the price is against you. Gate is 0.286% cheaper against Binance than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.122%). If the spread goes back, that is −$29 on $10k: about 3.0 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.182% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CUSDT | 0.07939 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $6.5M | $11.3M | 50x |
| Short | Gate C_USDT | 0.07926 | 0.0418 | get 0.0209% / 4h | 3h 08m | $323K | $438K | 20x |
Binance CUSDT
Gate C_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
- $66.78
- Price spread: −0.164% → +0.122%
- −$28.57
- Slippage, 4 orders
- −$170.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$157.54
- Costs to cover
- 1.958%
- Break-even
- 23.5 days
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 42 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, 1 min ago | 1.26 bp | 27.2 bp −$27 | 231.0 bp −$2,310 | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 8.08 bp | 60.5 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
C on 9 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 CUSDT | +0.0100% | 4h | 0.07924 | −0.186% | $31K | $97K | 5x | as long as short |
| Binance CUSDTlong | +0.0100% | 4h | 0.07939 | long leg | $6.5M | $11.3M | 50x | |
| MEXC C_USDT | +0.0100% | 4h | 0.07940 | +0.013% | $221K | $199K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07919 | −0.252% | $637K | $133K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.07935 | −0.050% | $452K | $966K | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.07936 | −0.044% | $611 | $1K | — | as long as short |
| Gate C_USDTshort | +0.0418% | 4h | 0.07926 | −0.164% | $323K | $438K | 20x | |
| Bybit CUSDT | +0.0891% | 4h | 0.07940 | +0.013% | $1.1M | $1.7M | 13x | as long as short |
| BingX C-USDT | +0.1134% | 4h | 0.07932 | −0.088% | — | $2.4M | — | as long as short |
Aster CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Bybit CUSDT
BingX C-USDT