Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −13.0% APRpaid last 24h −0.071%
Price spread now: Gate against Binance−0.298%7-day average −0.276% · you buy dearer than you sell
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$601as in the Price arb table
costs, in and out, $10k−$5995.988% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.298%, 7d avg −0.276%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.276%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FOLKSUSDT | 2.1614 | 0.0218 | pay 0.0109% / 4h | 3m 37s | $6.4M | $1.6M | 50x |
| Short | Gate FOLKS_USDT | 2.1550 | 0.0100 | get 0.0100% / 8h | 4h 03m | $263K | $125K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.88
- Price spread: −0.298% → −0.276%
- −$2.16
- Slippage, 4 orders
- −$573.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$625.84
- Costs to cover
- 5.988%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 48 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 Binance live order book, 5 min ago | 4.61 bp | 45.5 bp −$46 | 410.5 bp −$4,105 | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 4.63 bp | 318.4 bp −$318 | doesn't fit | doesn't fit | doesn't fit |
FOLKS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1639 | +0.114% | $73K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1533 | −0.379% | $44K | $12K | 5x | as long as short |
| Gate FOLKS_USDTshort | +0.0100% | 8h | 2.1550 | −0.298% | $263K | $125K | 50x | |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1500 | −0.529% | $1.2M | $2.8M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1592 | −0.105% | $14K | $5K | — | as long as short |
| Bitget FOLKSUSDT | +0.0208% | 4h | 2.1612 | −0.011% | $1.0M | $169K | 50x | as long as short |
| MEXC FOLKS_USDT | +0.0218% | 4h | 2.1600 | −0.066% | $983K | $190K | 100x | as long as short |
| Binance FOLKSUSDTlong | +0.0218% | 4h | 2.1614 | long leg | $6.4M | $1.6M | 50x | |
| BloFin FOLKS-USDT | +0.0261% | 4h | 2.1620 | +0.026% | $415K | $30K | 50x | as long as short |
| Bybit FOLKSUSDT | +0.0632% | 4h | 2.1569 | −0.210% | $1.2M | $348K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FOLKS-USDT | +0.0650% | 4h | 2.1600 | −0.066% | — | $6.5M | — | as long as short |
Binance FOLKSUSDT
Gate FOLKS_USDT
Lighter FOLKS
Aster FOLKSUSDT
KuCoin FOLKSUSDTM
Variational Omni FOLKS
Bitget FOLKSUSDT
MEXC FOLKS_USDT
BloFin FOLKS-USDT
Bybit FOLKSUSDT
BingX FOLKS-USDT