Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.044%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3323.320% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.466%+$47 · spread now −0.044%, 7d avg −0.142%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.098% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.142%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHWUSDT | 0.2978 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $1.3M | $5.5M | 50x |
| Short | Gate ETHW_USDT | 0.2977 | 0.0100 | get 0.0050% / 4h | 1h 44m | $225K | $280K | 20x |
Binance ETHWUSDT
Gate ETHW_USDTFunding 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 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: −0.044% → −0.142%
- $9.76
- Slippage, 4 orders
- −$307.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$322.24
- Costs to cover
- 3.320%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 33 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 Binance live order book, 9 min ago | 1.68 bp | 42.3 bp −$42 | 266.2 bp −$2,662 | doesn't fit | doesn't fit |
| Sell Gate live order book, 33 min ago | 3.37 bp | 135.3 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
ETHW on 5 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 ETHWUSDTlong | +0.0100% | 4h | 0.2978 | long leg | $1.3M | $5.5M | 50x | |
| OKX ETHW-USDT-SWAP | +0.0100% | 4h | 0.2975 | −0.112% | $863K | $4.5M | 10x | as long as short |
| Gate ETHW_USDTshort | +0.0100% | 4h | 0.2977 | −0.044% | $225K | $280K | 20x | |
| MEXC ETHW_USDT | +0.0100% | 4h | 0.2977 | −0.044% | $1.0M | $912K | 100x | as long as short |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2979 | +0.023% | $161K | $226K | 50x | as long as short |
OKX ETHW-USDT-SWAP
MEXC ETHW_USDT
Bitget ETHWUSDT