Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2108 | +0.0100 | pay 0.0050% / 4h | 3h 18m | $80.3M | $15.5M | 50x | Long Gate | |
| SHORT | 0.2107 | −0.4464 | pay 0.0558% / 1h | 18m 10s | $178K | $338K | 10x | Short RISExInvite |
Price gap−0.041%
Funding gap−0.4564% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $137 a day and eats that in about under an hour. At the last 7 days' pace that is about 33 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.4564% /8h now · paid −0.006% over the last 7D
Price+$3spread −0.041% now, avg −0.069% → +0.028% if it goes back
Costs−$440.438% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.006% in total, about −0.0003%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.041%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 45 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size19.3 / 5.2 bpAt $10k entering Gate costs 19.3 bp, fee and slippage, 3.7× RISEx’s.
- Note: Margin at max leverage$200 + $1,000Gate 50x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$136.93Long Gate: 6 payments, −$3.00; short RISEx: 24 payments, −$133.93.
- OK: Entry gap works for you−0.041% vs −0.069%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$178K vs $80.3M OIRISEx sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · RISEx NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.58
Price spread−0.041% → −0.069% (7d avg)+$2.79
Slippage, 4 orderslive order books−$22.77
Fee Gate bp × 2 orders−$15.00
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$41.56
Costs to cover0.438%Break-evennever at this rate
Slippage: Gate: live order book, 2 min ago; RISEx: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.6219.3 bp−$1929.1 bp−$29177.5 bp−$7,752doesn’t fit
SELL · SHORTRISEx1.925.2 bp−$530.0 bp−$300doesn’t fitdoesn’t fit
Closing costs about the same again.
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