Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%
Price spread now: Binance against Gate+0.081%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$670as in the Funding arb table
Net, price: spread back to 7d avg − costs−$651as in the Price arb table
costs, in and out, $10k−$6636.626% of the position
Funding, last 7 days−0.075%−$7 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.081%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.121% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate C98_USDT | 0.01643 | 0.0100 | pay 0.0100% / 8h | 6h 22m | $106K | $47K | 25x |
| Short | Binance C98USDT | 0.01644 | 0.0100 | get 0.0100% / 8h | 6h 22m | $1.4M | $1.9M | 50x |
Gate C98_USDT
Binance C98USDTFunding 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
- $0
- Price spread: +0.081% → −0.040%
- $12.08
- Slippage, 4 orders
- −$637.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$650.55
- Costs to cover
- 6.626%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; Binance: live order book, 5 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, 23 min ago | 9.17 bp | 393.0 bp −$393 | 54349.2 bp −$543.5K | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 6.08 bp | 32.6 bp −$33 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
C98 on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance C98USDTshort | +0.0100% | 8h | 0.01644 | +0.081% | $1.4M | $1.9M | 50x | |
| Bybit C98USDT | +0.0100% | 8h | 0.01643 | 0.000% | $869K | $246K | 25x | as long as short |
| Gate C98_USDTlong | +0.0100% | 8h | 0.01643 | long leg | $106K | $47K | 25x | |
| MEXC C98_USDT | +0.0100% | 8h | 0.01644 | +0.061% | $276K | $104K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01643 | 0.000% | $199K | $36K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01642 | −0.061% | $189K | $329K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01644 | +0.040% | $8K | $1 | — | as long as short |
| BloFin C98-USDT | +0.0102% | 8h | 0.01643 | 0.000% | $133K | $9K | 50x | as long as short |
| Kraken Futures PF_C98USD | +0.2842% | 1h | 0.01647 | +0.252% | $16K | $4K | 10x | as long as short |
Bybit C98USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98
BloFin C98-USDT
Kraken Futures PF_C98USD