Funding you earn now, next payment 06:00 UTC−0.0756%/8h= −82.8% APRpaid last 24h −0.072%
Price spread now: Gate against Extended−0.241%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$841as in the Funding arb table
Net, price: spread back to 7d avg − costs−$829as in the Price arb table
costs, in and out, $10k−$8228.224% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.241%, 7d avg −0.176%
=Together, before fees−0.147%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.064% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.176%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended FHE-USD | 0.02223 | 0.0856 | pay 0.0107% / 1h | 43m 23s | $5K | $197K | 5x |
| Short | Gate FHE_USDT | 0.02218 | 0.0100 | get 0.0100% / 8h | 2h 43m | $613K | $73K | 10x |
Extended FHE-USD
Gate FHE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$158.76
- Price spread: −0.241% → −0.176%
- −$6.45
- Slippage, 4 orders
- −$802.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$987.58
- Costs to cover
- 8.224%
- Break-even
- never at this rate
Slippage from Extended: live order book, 20 min ago; Gate: live order book, 3 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 Extended live order book, 20 min ago | 3.85 bp | 72.7 bp −$73 | 793.0 bp −$7,930 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.01 bp | 394.1 bp −$394 | doesn't fit | doesn't fit | doesn't fit |
FHE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDT | +0.0100% | 4h | 0.02218 | −0.241% | $1.5M | $502K | 13x | as long as short |
| Gate FHE_USDTshort | +0.0100% | 8h | 0.02218 | −0.241% | $613K | $73K | 10x | |
| Aster FHEUSDT | +0.0569% | 4h | 0.02217 | −0.279% | $17K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0810% | 4h | 0.02221 | −0.106% | — | $6.5M | — | as long as short |
| Binance FHEUSDT | +0.0856% | 4h | 0.02221 | −0.106% | $3.0M | $1.5M | 10x | as long as short |
| Extended FHE-USDlong | +0.0856% | 1h | 0.02223 | long leg | $5K | $197K | 5x | |
| MEXC FHE_USDT | +0.0856% | 4h | 0.02222 | −0.061% | $845K | $302K | 50x | as long as short |
| KuCoin FHEUSDTM | +0.1044% | 4h | 0.02219 | −0.196% | $654K | $9.2M | 10x | as long as short |
Bybit FHEUSDT
Aster FHEUSDT
BingX FHE-USDT
Binance FHEUSDT
MEXC FHE_USDT
KuCoin FHEUSDTM