Funding you earn now, next payment 04:00 UTC+0.0277%/8h= +30.4% APRnext payment +$1.39 per $10,000 · paid last 24h +0.068%
Price spread now: Binance against Gate−0.158%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$230as in the Price arb table
costs, in and out, $10k−$2022.018% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.158%, 7d avg +0.127%
=Funding pays, the price is against you. Binance is 0.285% cheaper against Gate than usual: you would sell low and buy high (spread −0.158% now, against its 7-day average of +0.127%). If the spread goes back, that is −$28 on $10k: about 3.4 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.150% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 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 | Gate CHILLGUY_USDT | 0.01458 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $626K | $773K | 20x |
| Short | Binance CHILLGUYUSDT | 0.01456 | 0.0377 | get 0.0189% / 4h | 1h 20m | $2.1M | $5.3M | 10x |
Gate CHILLGUY_USDT
Binance CHILLGUYUSDTFunding 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
- $58.24
- Price spread: −0.158% → +0.127%
- −$28.45
- Slippage, 4 orders
- −$176.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$172.01
- Costs to cover
- 2.018%
- Break-even
- 27.7 days
Slippage from Gate: live order book, 41 min ago; Binance: 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 Gate live order book, 41 min ago | 8.54 bp | 53.5 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 4.44 bp | 47.4 bp −$47 | 233.9 bp −$2,339 | doesn't fit | doesn't fit |
CHILLGUY on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CHILLGUYUSDT | +0.0100% | 4h | 0.01456 | −0.130% | $2.2M | $2.9M | 25x | as long as short |
| Gate CHILLGUY_USDTlong | +0.0100% | 4h | 0.01458 | long leg | $626K | $773K | 20x | |
| Variational Omni CHILLGUY | +0.0100% | 4h | 0.01460 | +0.129% | $4K | $16K | — | as long as short |
| Aster CHILLGUYUSDT | +0.0232% | 4h | 0.01457 | −0.079% | $13K | $47K | 5x | as long as short |
| BingX CHILLGUY-USDT | +0.0358% | 4h | 0.01461 | +0.233% | — | $1.5M | — | as long as short |
| MEXC CHILLGUY_USDT | +0.0376% | 4h | 0.01460 | +0.137% | $700K | $293K | 100x | as long as short |
| Binance CHILLGUYUSDTshort | +0.0377% | 4h | 0.01456 | −0.158% | $2.1M | $5.3M | 10x | |
| Bitget CHILLGUYUSDT | +0.0430% | 4h | 0.01460 | +0.137% | $991K | $544K | 10x | as long as short |
| BloFin CHILLGUY-USDT | +0.0617% | 4h | 0.01458 | +0.027% | $135K | $257K | 10x | as long as short |
| Kraken Futures PF_CHILLGUYUSD | +0.1244% | 1h | 0.01455 | −0.176% | $43K | $81K | 10x | as long as short |
Bybit CHILLGUYUSDT
Variational Omni CHILLGUY
Aster CHILLGUYUSDT
BingX CHILLGUY-USDT
MEXC CHILLGUY_USDT
Bitget CHILLGUYUSDT
BloFin CHILLGUY-USDT
Kraken Futures PF_CHILLGUYUSDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CHILLGUYUSDTM | +0.1368% | 4h | 0.01461 | +0.226% | $1.2M | $542K | 10x | as long as short |
KuCoin CHILLGUYUSDTM