Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Gate+0.005%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$538as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$5625.619% of the position
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now +0.005%, 7d avg +0.084%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.079% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.084%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ELSA_USDT | 0.05623 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $145K | $48K | 20x |
| Short | Binance ELSAUSDT | 0.05623 | 0.0100 | get 0.0050% / 4h | 2h 44m | $1.3M | $1.2M | 20x |
Gate ELSA_USDT
Binance ELSAUSDTFunding 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
- $0
- Price spread: +0.005% → +0.084%
- −$7.87
- Slippage, 4 orders
- −$536.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$569.77
- Costs to cover
- 5.619%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; Binance: live order book, 4 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, 62 min ago | 5.34 bp | 238.4 bp −$238 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.67 bp | 33.5 bp −$34 | 231.6 bp −$2,316 | doesn't fit | doesn't fit |
ELSA 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 ELSAUSDTshort | +0.0100% | 4h | 0.05623 | +0.005% | $1.3M | $1.2M | 20x | |
| Gate ELSA_USDTlong | +0.0100% | 4h | 0.05623 | long leg | $145K | $48K | 20x | |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05622 | −0.018% | $508K | $122K | 50x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05611 | −0.213% | $186K | $23K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05616 | −0.133% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDT | +0.0300% | 4h | 0.05631 | +0.142% | $470K | $164K | 20x | as long as short |
| Aster ELSAUSDT | +0.0332% | 4h | 0.05611 | −0.211% | $33K | $5K | 5x | as long as short |
| BingX ELSA-USDT | +0.0890% | 4h | 0.05624 | +0.018% | — | $1.3M | — | as long as short |
| Bybit ELSAUSDT | +0.1062% | 4h | 0.05620 | −0.053% | $831K | $295K | 20x | as long as short |
MEXC ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Bitget ELSAUSDT
Aster ELSAUSDT
BingX ELSA-USDT
Bybit ELSAUSDT