Funding you earn now, next payment 04:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.017%
Price spread now: Binance against Gate+0.034%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$844as in the Funding arb table
Net, price: spread back to 7d avg − costs−$830as in the Price arb table
costs, in and out, $10k−$8408.397% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.034%, 7d avg −0.062%
=The price spread pays, funding is against you. Binance is 0.096% dearer against Gate than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.062%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.042% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLOW_USDT | 0.03310 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $331K | $150K | 10x |
| Short | Binance FLOWUSDT | 0.03311 | −0.0077 | pay 0.0039% / 4h | 3h 44m | $2.7M | $7.9M | 10x |
Gate FLOW_USDT
Binance FLOWUSDTFunding 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
- −$37.25
- Price spread: +0.034% → −0.062%
- $9.62
- Slippage, 4 orders
- −$814.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$867.34
- Costs to cover
- 8.397%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; Binance: live order book, 9 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, 25 min ago | 12.11 bp | 598.5 bp −$598 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.51 bp | 14.7 bp −$15 | 72.1 bp −$721 | doesn't fit | doesn't fit |
FLOW on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLOWUSD | −0.1873% | 1h | 0.03311 | +0.039% | $36K | $47K | 10x | as long as short |
| MEXC FLOW_USDT | −0.0084% | 4h | 0.03312 | +0.060% | $1.9M | $1.0M | 50x | as long as short |
| Binance FLOWUSDTshort | −0.0077% | 4h | 0.03311 | +0.034% | $2.7M | $7.9M | 10x | |
| BloFin FLOW-USDT | −0.0030% | 4h | 0.03308 | −0.060% | $145K | $22K | 20x | as long as short |
| Injective FLOW/USDC PERP | +0.0033% | 1h | 0.03046 | −7.976% | $213 | $14K | 5.5x | as long as short |
| Aster FLOWUSDT | +0.0059% | 4h | 0.03312 | +0.046% | $7K | $15K | 5x | as long as short |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03317 | +0.211% | $1.5M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAP | +0.0100% | 4h | 0.03315 | +0.151% | $891K | $1.8M | 10x | as long as short |
| Gate FLOW_USDTlong | +0.0100% | 8h | 0.03310 | long leg | $331K | $150K | 10x | |
| KuCoin FLOWUSDTM | +0.0100% | 4h | 0.03314 | +0.121% | $304K | $132K | 10x | as long as short |
Kraken Futures PF_FLOWUSD
MEXC FLOW_USDT
BloFin FLOW-USDT
Injective FLOW/USDC PERP
Aster FLOWUSDT
Bybit FLOWUSDT
OKX FLOW-USDT-SWAP
KuCoin FLOWUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FLOW-USDT | +0.0100% | 4h | 0.03313 | +0.091% | — | $1.8M | — | as long as short |
| Variational Omni FLOW | +0.0100% | 8h | 0.03313 | +0.105% | $34K | $1K | — | as long as short |
BingX FLOW-USDT
Variational Omni FLOW