Funding you earn now, next payment 04:00 UTC+0.0395%/8h= +43.2% APRnext payment +$1.97 per $10,000 · paid last 24h +0.060%
Price spread now: Binance against Gate+0.290%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$705as in the Funding arb table
Net, price: spread back to 7d avg − costs−$703as in the Price arb table
costs, in and out, $10k−$7297.293% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)−0.444%−$44 · spread now +0.290%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.259% dearer against Gate than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.97 per $10,000. 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 FIGHT_USDT | 0.003588 | 0.0848 | pay 0.0424% / 4h | 1h 17m | $223K | $61K | 20x |
| Short | Binance FIGHTUSDT | 0.003598 | 0.1243 | get 0.0621% / 4h | 1h 17m | $3.3M | $1.3M | 20x |
Gate FIGHT_USDT
Binance FIGHTUSDTFunding 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
- $82.89
- Price spread: +0.290% → +0.031%
- $25.93
- Slippage, 4 orders
- −$704.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$620.44
- Costs to cover
- 7.293%
- Break-even
- 59.4 days
Slippage from Gate: live order book, 39 min ago; Binance: 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 Gate live order book, 39 min ago | 16.63 bp | 562.8 bp −$563 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 5.56 bp | 48.5 bp −$48 | 289.6 bp −$2,896 | doesn't fit | doesn't fit |
FIGHT 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 FIGHTUSDT | +0.0100% | 4h | 0.003593 | +0.139% | $1.6M | $232K | 20x | as long as short |
| KuCoin FIGHTUSDTM | +0.0100% | 4h | 0.003588 | 0.000% | $453K | $26K | 20x | as long as short |
| Aster FIGHTUSDT | +0.0703% | 4h | 0.003587 | −0.016% | $13K | $6K | 5x | as long as short |
| Gate FIGHT_USDTlong | +0.0848% | 4h | 0.003588 | long leg | $223K | $61K | 20x | |
| Bitget FIGHTUSDT | +0.1222% | 4h | 0.003585 | −0.084% | $1.1M | $129K | 5x | as long as short |
| BloFin FIGHT-USDT | +0.1230% | 4h | 0.003593 | +0.139% | $311K | $7K | 20x | as long as short |
| MEXC FIGHT_USDT | +0.1242% | 4h | 0.003596 | +0.223% | $214K | $125K | 20x | as long as short |
| Binance FIGHTUSDTshort | +0.1243% | 4h | 0.003598 | +0.290% | $3.3M | $1.3M | 20x |
Bybit FIGHTUSDT
KuCoin FIGHTUSDTM
Aster FIGHTUSDT
Bitget FIGHTUSDT
BloFin FIGHT-USDT
MEXC FIGHT_USDT