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: Binance against Gate−0.013%7-day average +0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3243.236% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)−0.409%−$41 · spread now −0.013%, 7d avg +0.142%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.155% cheaper against Gate than usual: you would sell low and buy high, −$15 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 | Gate ETHW_USDT | 0.2991 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $225K | $283K | 20x |
| Short | Binance ETHWUSDT | 0.2991 | 0.0100 | get 0.0050% / 4h | 1h 01m | $1.3M | $5.6M | 50x |
Gate ETHW_USDT
Binance ETHWUSDTFunding 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: −0.013% → +0.142%
- −$15.47
- Slippage, 4 orders
- −$298.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$339.11
- Costs to cover
- 3.236%
- Break-even
- never at this rate
Slippage from Gate: live order book, 10 min ago; Binance: live order book, 6 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, 10 min ago | 5.03 bp | 102.7 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.36 bp | 40.7 bp −$41 | 221.1 bp −$2,211 | 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 ETHWUSDTshort | +0.0100% | 4h | 0.2991 | −0.013% | $1.3M | $5.6M | 50x | |
| OKX ETHW-USDT-SWAP | +0.0100% | 4h | 0.2990 | −0.033% | $863K | $4.5M | 10x | as long as short |
| Gate ETHW_USDTlong | +0.0100% | 4h | 0.2991 | long leg | $225K | $283K | 20x | |
| MEXC ETHW_USDT | +0.0100% | 4h | 0.2990 | −0.033% | $983K | $937K | 100x | as long as short |
| Bitget ETHWUSDT | +0.0100% | 4h | 0.2992 | +0.033% | $161K | $229K | 50x | as long as short |
OKX ETHW-USDT-SWAP
MEXC ETHW_USDT
Bitget ETHWUSDT