Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate−0.157%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.157% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FRAX_USDT | 0.2892 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $44K | $15K | 20x |
| Short | Binance FRAXUSDT | 0.2887 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.5M | $774K | 50x |
Gate FRAX_USDT
Binance FRAXUSDTFunding 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: −0.157% → 0.000%
- −$15.67
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.67
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 1 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 1 min ago | 1.73 bp | 43.0 bp −$43 | 267.3 bp −$2,673 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2892 | −0.001% | $21K | $13K | 5x | as long as short |
| Binance FRAXUSDTshort | +0.0100% | 4h | 0.2887 | −0.157% | $1.5M | $774K | 50x | |
| Gate FRAX_USDTlong | +0.0100% | 4h | 0.2892 | long leg | $44K | $15K | 20x | |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2888 | −0.138% | $202K | $107K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2895 | +0.104% | $88K | $159K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2888 | −0.152% | $140K | $35K | 50x | as long as short |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2890 | −0.069% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT
BingX FRAX-USDT