Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.171%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2222.216% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.171%, 7d avg −0.035%
=The price spread pays, funding is against you. Gate is 0.206% dearer against Binance than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of −0.035%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CCUSDT | 0.1172 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $11.1M | $11.9M | 75x |
| Short | Gate CC_USDT | 0.1174 | 0.0054 | get 0.0027% / 4h | 2h 51m | $362K | $214K | 50x |
Funding 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
- −$9.66
- Price spread: +0.171% → −0.035%
- $20.57
- Slippage, 4 orders
- −$196.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$210.73
- Costs to cover
- 2.216%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 14 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, 4 min ago | 2.13 bp | 19.5 bp −$20 | 72.4 bp −$724 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 10.89 bp | 119.8 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3556% | 1h | 0.1184 | +1.007% | $6K | $96 | 5.5x | as long as short |
| Bybit CCUSDT | −0.0471% | 4h | 0.1173 | +0.077% | $10.6M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0470% | 4h | 0.1174 | +0.119% | $1.6M | $313K | 100x | as long as short |
| Gate CC_USDTshort | +0.0054% | 4h | 0.1174 | +0.171% | $362K | $214K | 50x | |
| Paradex CC-USD-PERP | +0.0081% | 8h | 0.1173 | +0.042% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1174 | +0.185% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1174 | +0.146% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTlong | +0.0100% | 4h | 0.1172 | long leg | $11.1M | $11.9M | 75x | |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1174 | +0.119% | $2.5M | $3.6M | 20x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1174 | +0.196% | $497K | $120K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1174 | +0.179% | $930K | $804K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1173 | +0.043% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1175 | +0.230% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1179 | +0.547% | $601K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1175 | +0.249% | $81K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1174 | +0.124% | $6K | $36K | 6.7x | as long as short |
| Lighter CC | +0.0216% | 1h | 0.1178 | +0.469% | $233K | $150K | 5x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1172 | −0.060% | $598K | $101K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1176 | +0.338% | $44K | — | 50x | as long as short |
Binance CCUSDT
Gate CC_USDT
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Lighter CC
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]