Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.227%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.227%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.252% dearer against Gate than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FORM_USDT | 0.3681 | 0.0100 | pay 0.0050% / 4h | 37m 35s | $798K | $4.2M | 50x |
| Short | Binance FORMUSDT | 0.3689 | 0.0100 | get 0.0050% / 4h | 37m 35s | $19.8M | $139.1M | 50x |
Gate FORM_USDT
Binance FORMUSDTFunding 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
- $0
- Price spread: +0.227% → −0.025%
- $25.17
- Slippage, 4 orders
- −$81.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.06
- Costs to cover
- 1.062%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 6 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, 5 min ago | 8.16 bp | 33.7 bp −$34 | 127.3 bp −$1,273 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.36 bp | 16.6 bp −$17 | 71.9 bp −$719 | 415.5 bp −$41.5K | doesn't fit |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3669 | −0.315% | — | — | — | as long as short |
| BingX FORM-USDT | +0.0070% | 4h | 0.3687 | +0.163% | — | $3.5M | — | as long as short |
| Aster FORMUSDT | +0.0100% | 4h | 0.3671 | −0.265% | $45K | $699K | 5x | as long as short |
| Binance FORMUSDTshort | +0.0100% | 4h | 0.3689 | +0.227% | $19.8M | $139.1M | 50x | |
| Gate FORM_USDTlong | +0.0100% | 4h | 0.3681 | long leg | $798K | $4.2M | 50x | |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3673 | −0.217% | $1.8M | $8.4M | 100x | as long as short |
| KuCoin FORMUSDTM | +0.0100% | 4h | 0.3671 | −0.272% | $365K | $888K | 30x | as long as short |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3691 | +0.272% | $1.2M | $8.1M | 50x | as long as short |
| BloFin FORM-USDT | +0.0159% | 4h | 0.3672 | −0.244% | $1.1M | $368K | 50x | as long as short |
| Bybit FORMUSDT | +0.0473% | 4h | 0.3691 | +0.285% | $2.6M | $11.8M | 20x | as long as short |
gTrade (Gains Network) FORM/USD
BingX FORM-USDT
Aster FORMUSDT
MEXC FORM_USDT
KuCoin FORMUSDTM
Bitget FORMUSDT
BloFin FORM-USDT
Bybit FORMUSDT