Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.114%7-day average −0.160% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days−0.165%−$16 · spread now −0.114%, 7d avg −0.160%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.045% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.160%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DRIFTUSDT | 0.01747 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $2.3M | $6.8M | 20x |
| Short | Gate DRIFT_USDT | 0.01745 | 0.0100 | get 0.0050% / 4h | 2h 11m | $124K | $240K | 10x |
Binance DRIFTUSDT
Gate DRIFT_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: −0.114% → −0.160%
- $4.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$20.49
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; Gate: live order book, 51 min ago. Net counts fees only.
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, 13 min ago | 2.87 bp | 40.0 bp −$40 | 522.6 bp −$5,226 | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 8.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
DRIFT 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DRIFT/USDC PERP | +0.0033% | 1h | 0.01591 | −8.930% | — | $9K | 5.5x | as long as short |
| Binance DRIFTUSDTlong | +0.0100% | 4h | 0.01747 | long leg | $2.3M | $6.8M | 20x | |
| Bybit DRIFTUSDT | +0.0100% | 4h | 0.01745 | −0.114% | $2.3M | $2.9M | 20x | as long as short |
| Gate DRIFT_USDTshort | +0.0100% | 4h | 0.01745 | −0.114% | $124K | $240K | 10x | |
| MEXC DRIFT_USDT | +0.0100% | 4h | 0.01746 | −0.057% | $414K | $172K | 20x | as long as short |
| KuCoin DRIFTUSDTM | +0.0100% | 4h | 0.01742 | −0.286% | $685K | $128K | 20x | as long as short |
| Bitget DRIFTUSDT | +0.0100% | 4h | 0.01744 | −0.172% | $537K | $364K | 10x | as long as short |
| BingX DRIFT-USDT | +0.0100% | 4h | 0.01747 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni DRIFT | +0.0100% | 4h | 0.01743 | −0.218% | $23K | $6K | — | as long as short |
Injective DRIFT/USDC PERP
Bybit DRIFTUSDT
MEXC DRIFT_USDT
KuCoin DRIFTUSDTM
Bitget DRIFTUSDT
BingX DRIFT-USDT
Variational Omni DRIFT