Settings8H · net · $10k
Funding arb · Price arb /

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Binance+0.030%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1931.930% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.206%−$21 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now +0.030%, 7d avg +0.053%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.023% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ESPUSDT0.093930.0100pay 0.0050% / 4h3h 49m$2.4M$4.2M25x
ShortGate ESP_USDT0.093960.0100get 0.0100% / 8h7h 49m$169K$595K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.030% → +0.053%
−$2.29
Slippage, 4 orders
−$168
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$195.29
Costs to cover
1.930%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.07 bp19.3 bp −$1965.2 bp −$652doesn't fitdoesn't fit
Sell Gate live order book, 22 min ago9.03 bp79.0 bp −$79doesn't fitdoesn't fitdoesn't fit

ESP on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ESPUSDT+0.0100%4h0.09393−0.006%$4K$24K5xas long as short
Binance ESPUSDTlong+0.0100%4h0.09393long leg$2.4M$4.2M25x
OKX ESP-USDT-SWAP+0.0100%4h0.09400+0.073%$596K$1.2M20xas long as short
Gate ESP_USDTshort+0.0100%8h0.09396+0.030%$169K$595K50x
MEXC ESP_USDT+0.0100%4h0.09392−0.012%$1.2M$104K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09393−0.002%$1.5M$52K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09393−0.001%$948K$148K20xas long as short
edgeX ESPUSDC+0.0103%4h0.09391−0.021%$29K$270K10xas long as short
BloFin ESP-USDT+0.0105%4h0.09395+0.019%$121K$35K25xas long as short
Bybit ESPUSDT+0.0386%4h0.09397+0.041%$1.1M$601K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.2134%4h0.09394+0.009%$1.7Mas long as short