Funding you earn now, next payment 00:00 UTC−0.0158%/8h= −17.3% APRnext payment −$0.79 per $10,000 · paid last 24h −0.011%
Price spread now: Binance against Gate−0.190%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2142.141% of the position
Funding, last 7 days+0.262%+$26 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.190%, 7d avg −0.119%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.071% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.119%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.262%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate C_USDT | 0.08014 | 0.0258 | pay 0.0129% / 4h | 36m 37s | $328K | $663K | 20x |
| Short | Binance CUSDT | 0.07999 | 0.0100 | get 0.0050% / 4h | 36m 37s | $6.5M | $13.3M | 50x |
Gate C_USDT
Binance CUSDTFunding 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
- −$33.18
- Price spread: −0.190% → −0.119%
- −$7.15
- Slippage, 4 orders
- −$189.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$254.38
- Costs to cover
- 2.141%
- Break-even
- never at this rate
Slippage from Gate: live order book, 40 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, 40 min ago | 6.21 bp | 55.1 bp −$55 | 9739.1 bp −$97.4K | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.24 bp | 39.4 bp −$39 | 158.4 bp −$1,584 | 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 | 0.08008 | −0.078% | $37K | $95K | 5x | as long as short |
| Binance CUSDTshort | +0.0100% | 4h | 0.07999 | −0.190% | $6.5M | $13.3M | 50x | |
| MEXC C_USDT | +0.0100% | 4h | 0.07995 | −0.237% | $223K | $209K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07991 | −0.287% | $597K | $140K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.07999 | −0.187% | $435K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08045 | +0.387% | $619 | $13K | — | as long as short |
| Gate C_USDTlong | +0.0258% | 4h | 0.08014 | long leg | $328K | $663K | 20x | |
| BingX C-USDT | +0.0432% | 4h | 0.07999 | −0.187% | — | $2.4M | — | as long as short |
| Bybit CUSDT | +0.0546% | 4h | 0.08008 | −0.075% | $1.2M | $1.9M | 13x | as long as short |
Aster CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
BingX C-USDT
Bybit CUSDT