Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against Binance−0.096%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$465as in the Funding arb table
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4284.281% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.096%, 7d avg −0.097%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COOKIEUSDT | 0.01245 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $2.1M | $9.6M | 20x |
| Short | Gate COOKIE_USDT | 0.01244 | 0.0100 | get 0.0050% / 4h | 2h 32m | $124K | $234K | 25x |
Binance COOKIEUSDT
Gate COOKIE_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
- $0
- Price spread: −0.096% → −0.097%
- $0.03
- Slippage, 4 orders
- −$403.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$428.06
- Costs to cover
- 4.281%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 9 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, 7 min ago | 2.39 bp | 42.9 bp −$43 | 380.3 bp −$3,803 | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 11.91 bp | 171.5 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDTlong | +0.0100% | 4h | 0.01245 | long leg | $2.1M | $9.6M | 20x | |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01242 | −0.249% | $862K | $1.5M | 25x | as long as short |
| Gate COOKIE_USDTshort | +0.0100% | 4h | 0.01244 | −0.096% | $124K | $234K | 25x | |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01246 | +0.064% | $620K | $368K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01243 | −0.177% | $228K | $162K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01247 | +0.145% | $361K | $311K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01244 | −0.064% | — | $6.5M | — | as long as short |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01234 | −0.903% | $12K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0439% | 1h | 0.01248 | +0.209% | $12K | $40K | 10x | as long as short |
Bybit COOKIEUSDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD