Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against Gate−0.134%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days−0.717%−$72 on $10k
+Price spread, last 7 days−0.179%−$18 · spread now −0.134%, 7d avg −0.214%
=The price spread pays, funding is against you. Binance is 0.080% dearer against Gate than usual: you sell high and buy low (spread −0.134% now, against its 7-day average of −0.214%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.717% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FF_USDT | 0.1272 | 0.0100 | pay 0.0050% / 4h | 57m 36s | $26.8M | $1.4M | 50x |
| Short | Binance FFUSDT | 0.1271 | 0.0078 | get 0.0039% / 4h | 57m 36s | $43.0M | $18.6M | 20x |
Gate FF_USDT
Binance FFUSDTFunding 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
- −$4.63
- Price spread: −0.134% → −0.214%
- $8
- Slippage, 4 orders
- −$56.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.03
- Costs to cover
- 0.814%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 14 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, 1 min ago | 0.78 bp | 29.1 bp −$29 | 1511.8 bp −$15.1K | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.39 bp | 15.0 bp −$15 | 49.0 bp −$490 | doesn't fit | doesn't fit |
FF 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC FF_USDT | +0.0076% | 4h | 0.1271 | −0.134% | $10.0M | $689K | 50x | as long as short |
| Binance FFUSDTshort | +0.0078% | 4h | 0.1271 | −0.134% | $43.0M | $18.6M | 20x | |
| Aster FFUSDT | +0.0100% | 4h | 0.1272 | −0.021% | $1.2M | $26K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1271 | −0.086% | $14.4M | $4.7M | 20x | as long as short |
| Gate FF_USDTlong | +0.0100% | 4h | 0.1272 | long leg | $26.8M | $1.4M | 50x | |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1274 | +0.102% | $8.5M | $4.8M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1272 | −0.031% | $18.5M | $1.2M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1271 | −0.086% | — | $6.7M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1271 | −0.071% | $1K | $1.2M | 20x | as long as short |
| BloFin FF-USDT | +0.0100% | 4h | 0.1270 | −0.220% | $2.3M | $298K | 20x | as long as short |
MEXC FF_USDT
Aster FFUSDT
Bybit FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
BloFin FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0640% | 1h | 0.1275 | +0.220% | $135K | $32K | 3x | as long as short |
Lighter FF