Settings8H · net · $10k
Funding arb · Price arb /

FIGHT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.24 per $10,000 · paid last 24h −0.060%
Price spread now: Gate against Binance−0.128%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$447as in the Funding arb table
Net, price: spread back to 7d avg − costs−$432as in the Price arb table
costs, in and out, $10k−$4224.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.243%−$24 on $10k
Price spread, last 4 days (all we have)+0.329%+$33 · spread now −0.128%, 7d avg −0.033%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.095% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FIGHTUSDT0.0036220.1348pay 0.0674% / 4h30m 02s$3.3M$1.3M20x
ShortGate FIGHT_USDT0.0036170.1300get 0.0650% / 4h30m 02s$227K$60K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.17
Price spread: −0.128% → −0.033%
−$9.52
Slippage, 4 orders
−$397.46
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$442.15
Costs to cover
4.225%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago6.93 bp61.7 bp −$62495.2 bp −$4,952doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago13.80 bp62.5 bp −$62doesn't fitdoesn't fitdoesn't fit

FIGHT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FIGHTUSDT+0.0100%4h0.003627+0.148%$1.6M$207K20xas long as short
KuCoin FIGHTUSDTM+0.0144%4h0.003602−0.542%$454K$26K20xas long as short
Aster FIGHTUSDT+0.1181%4h0.003612−0.279%$13K$6K5xas long as short
Gate FIGHT_USDTshort+0.1300%4h0.003617−0.128%$227K$60K20x
BloFin FIGHT-USDT+0.1332%4h0.003618−0.101%$313K$7K20xas long as short
MEXC FIGHT_USDT+0.1342%4h0.003621−0.018%$217K$125K20xas long as short
Binance FIGHTUSDTlong+0.1348%4h0.003622long leg$3.3M$1.3M20x
Bitget FIGHTUSDT+0.2024%4h0.003606−0.432%$1.1M$128K5xas long as short