Funding you earn now, next payment 04:00 UTC−0.0630%/8h= −69.0% APRpaid last 24h −0.051%
Price spread now: Binance against Gate+0.158%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1421.424% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.158%, 7d avg +0.127%
=The price spread pays, funding is against you. Binance is 0.031% dearer against Gate than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.127%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.232%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.232% in total (about 12.1% a year). A funding rate is set anew for every payment. 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 DOOD_USDT | 0.001894 | 0.1099 | pay 0.1099% / 8h | 7h 43m | $155K | $155K | 20x |
| Short | Binance DOODUSDT | 0.001897 | 0.0469 | get 0.0234% / 4h | 3h 43m | $3.6M | $2.8M | 25x |
Gate DOOD_USDT
Binance DOODUSDTFunding 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
- −$132.34
- Price spread: +0.158% → +0.127%
- $3.1
- Slippage, 4 orders
- −$117.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$271.66
- Costs to cover
- 1.424%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; Binance: live order book, 8 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, 22 min ago | 13.08 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 5.25 bp | 25.7 bp −$26 | 170.3 bp −$1,703 | doesn't fit | doesn't fit |
DOOD on 10 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 DOODUSDT | +0.0100% | 4h | 0.001891 | −0.153% | $1.1M | $549K | 13x | as long as short |
| OKX DOOD-USDT-SWAP | +0.0100% | 4h | 0.001892 | −0.106% | $677K | $767K | 20x | as long as short |
| KuCoin DOODUSDTM | +0.0100% | 4h | 0.001892 | −0.106% | $208K | $66K | 30x | as long as short |
| Bitget DOODUSDT | +0.0100% | 4h | 0.001897 | +0.158% | $286K | $348K | 20x | as long as short |
| Variational Omni DOOD | +0.0100% | 4h | 0.001892 | −0.095% | $11K | $389 | — | as long as short |
| Aster DOODUSDT | +0.0347% | 4h | 0.001895 | +0.047% | $123K | $15K | 5x | as long as short |
| BingX DOOD-USDT | +0.0426% | 4h | 0.001894 | 0.000% | — | $6.5M | — | as long as short |
| MEXC DOOD_USDT | +0.0468% | 4h | 0.001895 | +0.053% | $157K | $185K | 20x | as long as short |
| Binance DOODUSDTshort | +0.0469% | 4h | 0.001897 | +0.158% | $3.6M | $2.8M | 25x | |
| Gate DOOD_USDTlong | +0.1099% | 8h | 0.001894 | long leg | $155K | $155K | 20x |
Bybit DOODUSDT
OKX DOOD-USDT-SWAP
KuCoin DOODUSDTM
Bitget DOODUSDT
Variational Omni DOOD
Aster DOODUSDT
BingX DOOD-USDT
MEXC DOOD_USDT