Funding you earn now, next payment 00:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.080%
Price spread now: Binance against Gate−0.193%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$808as in the Funding arb table
Net, price: spread back to 7d avg − costs−$918as in the Price arb table
costs, in and out, $10k−$9119.113% of the position
Funding, last 7 days+1.032%+$103 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.193%, 7d avg −0.126%
=Funding pays, the price is against you. Binance is 0.067% cheaper against Gate than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of −0.126%). If the spread goes back, that is −$7 on $10k: about 46 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+1.032% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ESPORTS_USDT | 0.01036 | 0.0100 | pay 0.0050% / 4h | 27m 33s | $376K | $576K | 10x |
| Short | Binance ESPORTSUSDT | 0.01034 | 0.0216 | get 0.0108% / 4h | 27m 33s | $5.7M | $4.4M | 10x |
Gate ESPORTS_USDT
Binance ESPORTSUSDTFunding 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
- $24.35
- Price spread: −0.193% → −0.126%
- −$6.67
- Slippage, 4 orders
- −$886.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$893.57
- Costs to cover
- 9.113%
- Break-even
- 263.9 days
Slippage from Gate: live order book, 48 min ago; Binance: live order book, 11 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, 48 min ago | 4.85 bp | 460.5 bp −$460 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 4.83 bp | 27.0 bp −$27 | 172.4 bp −$1,724 | doesn't fit | doesn't fit |
ESPORTS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPORTSUSDT | +0.0100% | 4h | 0.01034 | −0.156% | $141K | $67K | 5x | as long as short |
| Bybit ESPORTSUSDT | +0.0100% | 4h | 0.01035 | −0.097% | $1.8M | $951K | 10x | as long as short |
| Gate ESPORTS_USDTlong | +0.0100% | 4h | 0.01036 | long leg | $376K | $576K | 10x | |
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01036 | +0.037% | $31K | $507 | — | as long as short |
| BingX ESPORTS-USDT | +0.0192% | 4h | 0.01035 | −0.097% | — | $1.4M | — | as long as short |
| MEXC ESPORTS_USDT | +0.0214% | 4h | 0.01034 | −0.193% | $1.4M | $188K | 20x | as long as short |
| Binance ESPORTSUSDTshort | +0.0216% | 4h | 0.01034 | −0.193% | $5.7M | $4.4M | 10x | |
| KuCoin ESPORTSUSDTM | +0.0366% | 4h | 0.01033 | −0.290% | $787K | $54K | 10x | as long as short |
Aster ESPORTSUSDT
Bybit ESPORTSUSDT
Variational Omni ESPORTS
BingX ESPORTS-USDT
MEXC ESPORTS_USDT
KuCoin ESPORTSUSDTM