Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.021%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$2002.003% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now −0.021%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.031% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ESP_USDT | 0.09394 | 0.0100 | pay 0.0100% / 8h | 1h 02m | $169K | $615K | 50x |
| Short | Binance ESPUSDT | 0.09392 | 0.0100 | get 0.0050% / 4h | 1h 02m | $2.4M | $4.2M | 25x |
Gate ESP_USDT
Binance ESPUSDTFunding 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: −0.021% → −0.052%
- $3.12
- Slippage, 4 orders
- −$175.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$197.21
- Costs to cover
- 2.003%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; Binance: live order book, 5 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, 14 min ago | 11.21 bp | 84.3 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.53 bp | 21.9 bp −$22 | 66.2 bp −$662 | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0055% | 4h | 0.09390 | −0.043% | $120K | $35K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09394 | −0.002% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTshort | +0.0100% | 4h | 0.09392 | −0.021% | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09393 | −0.011% | $593K | $1.3M | 20x | as long as short |
| Gate ESP_USDTlong | +0.0100% | 8h | 0.09394 | long leg | $169K | $615K | 50x | |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09393 | −0.011% | $1.2M | $106K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09393 | −0.011% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09392 | −0.023% | $957K | $123K | 20x | as long as short |
| edgeX ESPUSDC | +0.0109% | 4h | 0.09392 | −0.020% | $29K | $270K | 10x | as long as short |
| BingX ESP-USDT | +0.2842% | 4h | 0.09389 | −0.053% | — | $1.7M | — | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
OKX ESP-USDT-SWAP
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.2953% | 4h | 0.09374 | −0.213% | $1.1M | $586K | 50x | as long as short |
Bybit ESPUSDT