Funding you earn now, next payment 00:00 UTC+0.0278%/8h= +30.5% APRnext payment +$1.39 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against Binance+0.058%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,507as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,506as in the Price arb table
costs, in and out, $10k−$1,50415.039% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.058%, 7d avg +0.079%
=Funding pays, the price is against you. Gate is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.079%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$8 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% 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 | Binance COLLECTUSDT | 0.01737 | 0.0522 | pay 0.0261% / 4h | 8m 09s | $5.0M | $1.8M | 20x |
| Short | Gate COLLECT_USDT | 0.01738 | 0.0800 | get 0.0400% / 4h | 8m 09s | $251K | $46K | 20x |
Binance COLLECTUSDT
Gate COLLECT_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
- $58.43
- Price spread: +0.058% → +0.079%
- −$2.18
- Slippage, 4 orders
- −$1,478.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,447.63
- Costs to cover
- 15.039%
- Break-even
- 180.4 days
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 63 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, 15 min ago | 2.89 bp | 34.2 bp −$34 | 354.8 bp −$3,548 | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 8.63 bp | 606.3 bp −$606 | doesn't fit | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01737 | 0.000% | $347K | $25K | 5x | as long as short |
| KuCoin COLLECTUSDTM | +0.0100% | 4h | 0.01733 | −0.230% | $697K | $59K | 20x | as long as short |
| BingX COLLECT-USDT | +0.0442% | 4h | 0.01739 | +0.115% | — | $2.3M | — | as long as short |
| BloFin COLLECT-USDT | +0.0494% | 4h | 0.01736 | −0.058% | $322K | $6K | 20x | as long as short |
| MEXC COLLECT_USDT | +0.0506% | 4h | 0.01737 | 0.000% | $517K | $122K | 50x | as long as short |
| Extended COLLECT-USD | +0.0520% | 1h | 0.01737 | −0.005% | $6K | $191K | 5x | as long as short |
| Binance COLLECTUSDTlong | +0.0522% | 4h | 0.01737 | long leg | $5.0M | $1.8M | 20x | |
| Gate COLLECT_USDTshort | +0.0800% | 4h | 0.01738 | +0.058% | $251K | $46K | 20x |
Aster COLLECTUSDT
KuCoin COLLECTUSDTM
BingX COLLECT-USDT
BloFin COLLECT-USDT
MEXC COLLECT_USDT
Extended COLLECT-USD