Funding you earn now, next payment 08:00 UTC+0.1939%/8h= +212.3% APRnext payment +$19.39 per $10,000 · paid last 24h +0.233%
Price spread now: Gate against Binance+0.198%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1221.223% of the position
Funding, last 7 days+0.332%+$33 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.198%, 7d avg +0.116%
=Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and Gate is 0.081% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.116%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.332% in total (about 17.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.39 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 CELRUSDT | 0.003251 | −0.6560 | get 0.6560% / 8h | 7h 43m | $3.8M | $54.6M | 25x |
| Short | Gate CELR_USDT | 0.003257 | −0.4621 | pay 0.4621% / 8h | 7h 43m | $224K | $1.3M | 25x |
Binance CELRUSDT
Gate CELR_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
- $407.18
- Price spread: +0.198% → +0.116%
- $8.12
- Slippage, 4 orders
- −$97.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $292.95
- Costs to cover
- 1.223%
- Break-even
- 2.0 days
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 3 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, 13 min ago | 1.54 bp | 6.5 bp −$7 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.63 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
CELR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CELR-USDT | −0.6580% | 8h | 0.003246 | −0.141% | $356K | $502K | 25x | as long as short |
| MEXC CELR_USDT | −0.6574% | 8h | 0.003249 | −0.049% | $592K | $1.7M | 50x | as long as short |
| Binance CELRUSDTlong | −0.6560% | 8h | 0.003251 | long leg | $3.8M | $54.6M | 25x | |
| KuCoin CELRUSDTM | −0.6172% | 8h | 0.003247 | −0.110% | $400K | $4.3M | 25x | as long as short |
| Bitget CELRUSDT | −0.5956% | 8h | 0.003248 | −0.079% | $588K | $5.7M | 25x | as long as short |
| Gate CELR_USDTshort | −0.4621% | 8h | 0.003257 | +0.198% | $224K | $1.3M | 25x | |
| Kraken Futures PF_CELRUSD | −0.4534% | 1h | 0.003250 | −0.028% | $35K | $63K | 10x | as long as short |
| BingX CELR-USDT | −0.4200% | 8h | 0.003253 | +0.074% | — | $2.7M | — | as long as short |
BloFin CELR-USDT
MEXC CELR_USDT
KuCoin CELRUSDTM
Bitget CELRUSDT
Kraken Futures PF_CELRUSD
BingX CELR-USDT