Funding you earn now, next payment 04:00 UTC+0.0207%/8h= +22.7% APRnext payment +$1.04 per $10,000 · paid last 24h +0.214%
Price spread now: Binance against Gate−0.050%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$606as in the Funding arb table
Net, price: spread back to 7d avg − costs−$665as in the Price arb table
costs, in and out, $10k−$6606.603% of the position
Funding, last 7 days+0.546%+$55 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.050%, 7d avg −0.007%
=Funding pays, the price is against you. Binance is 0.043% cheaper against Gate than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.007%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CTR_USDT | 0.01190 | 0.0100 | pay 0.0050% / 4h | 58m 50s | $114K | $14K | 20x |
| Short | Binance CTRUSDT | 0.01189 | 0.0307 | get 0.0154% / 4h | 58m 50s | $2.2M | $818K | 20x |
Funding 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
- $43.47
- Price spread: −0.050% → −0.007%
- −$4.33
- Slippage, 4 orders
- −$635.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$621.17
- Costs to cover
- 6.603%
- Break-even
- 107.0 days
Slippage from Gate: live order book, 56 min ago; Binance: live order book, 6 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, 56 min ago | 16.82 bp | 180.1 bp −$180 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.68 bp | 43.8 bp −$44 | 365.4 bp −$3,654 | doesn't fit | doesn't fit |
CTR 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01188 | −0.168% | $10K | $329 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01190 | −0.034% | $249K | $129K | 20x | as long as short |
| Gate CTR_USDTlong | +0.0100% | 4h | 0.01190 | long leg | $114K | $14K | 20x | |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01188 | −0.168% | $279K | $353K | 20x | as long as short |
| MEXC CTR_USDT | +0.0304% | 4h | 0.01190 | −0.034% | $610K | $142K | 20x | as long as short |
| Binance CTRUSDTshort | +0.0307% | 4h | 0.01189 | −0.050% | $2.2M | $818K | 20x | |
| Aster CTRUSDT | +0.0456% | 4h | 0.01189 | −0.101% | $9K | $8K | 5x | as long as short |
| Bitget CTRUSDT | +0.0624% | 4h | 0.01189 | −0.084% | $543K | $58K | 20x | as long as short |
Gate CTR_USDT
Binance CTRUSDT
Lighter CTR
Bybit CTRUSDT
KuCoin CTRUSDTM
MEXC CTR_USDT
Aster CTRUSDT
Bitget CTRUSDT