Funding you earn now, next payment 05:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h +0.067%
Price spread now: Extended against Gate+0.272%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$783as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$8028.019% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Extended is 0.272% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.184% in total (about 9.6% 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 | Gate FHE_USDT | 0.02225 | 0.0100 | pay 0.0100% / 8h | 3h 33m | $616K | $72K | 10x |
| Short | Extended FHE-USD | 0.02231 | 0.0584 | get 0.0073% / 1h | 33m 43s | $4K | $92K | 5x |
Gate FHE_USDT
Extended FHE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $101.64
- Price spread: +0.272% → 0.000%
- $27.24
- Slippage, 4 orders
- −$781.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$673.03
- Costs to cover
- 8.019%
- Break-even
- 53.4 days
Slippage from Gate: live order book, 18 min ago; Extended: live order book, 54 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, 18 min ago | 8.93 bp | 210.9 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 54 min ago | 5.35 bp | 110.8 bp −$111 | 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 | 0.02227 | +0.090% | $1.6M | $490K | 13x | as long as short |
| Gate FHE_USDTlong | +0.0100% | 8h | 0.02225 | long leg | $616K | $72K | 10x | |
| Aster FHEUSDT | +0.0366% | 4h | 0.02228 | +0.151% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDT | +0.0554% | 4h | 0.02228 | +0.135% | — | $6.5M | — | as long as short |
| MEXC FHE_USDT | +0.0580% | 4h | 0.02231 | +0.270% | $846K | $299K | 50x | as long as short |
| Extended FHE-USDshort | +0.0584% | 1h | 0.02231 | +0.272% | $4K | $92K | 5x | |
| Binance FHEUSDT | +0.0586% | 4h | 0.02232 | +0.299% | $2.9M | $1.4M | 10x | as long as short |
| KuCoin FHEUSDTM | +0.0968% | 4h | 0.02230 | +0.225% | $658K | $9.5M | 10x | as long as short |
Bybit FHEUSDT
Aster FHEUSDT
BingX FHE-USDT
MEXC FHE_USDT
Binance FHEUSDT
KuCoin FHEUSDTM