Funding you earn now, next payment 01:00 UTC+0.6022%/8h= +659.4% APRnext payment +$7.53 per $10,000 · paid last 24h −0.224%
Price spread now: Binance against Gate−0.194%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days−0.489%−$49 on $10k
+Price spread, last 7 days+0.223%+$22 · spread now −0.194%, 7d avg −0.001%
=Funding pays, the price is against you. Binance is 0.193% cheaper against Gate than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of −0.001%). If the spread goes back, that is −$19 on $10k: about 3 hours of funding at the current rate (+$181 a day). Mind the row above: over the last 7 days funding on this pair cost −0.489%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.489% in total (about -25.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.53 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 G_USDT | 0.006286 | −2.4008 | get 0.3001% / 1h | 44m 34s | $884K | $6.0M | 25x |
| Short | Binance GUSDT | 0.006274 | −1.7986 | pay 0.2248% / 1h | 44m 34s | $9.1M | $82.9M | 50x |
Gate G_USDT
Binance GUSDTFunding 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
- $1,264.55
- Price spread: −0.194% → −0.001%
- −$19.29
- Slippage, 4 orders
- −$63.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1,156.42
- Costs to cover
- 0.888%
- Break-even
- 0.6 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 13 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, 4 min ago | 7.97 bp | 22.9 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.36 bp | 18.9 bp −$19 | 92.1 bp −$921 | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate G_USDTlong | −2.4008% | 1h | 0.006286 | long leg | $884K | $6.0M | 25x | |
| Binance GUSDTshort | −1.7986% | 1h | 0.006274 | −0.194% | $9.1M | $82.9M | 50x | |
| MEXC G_USDT | −1.7504% | 1h | 0.006282 | −0.064% | $3.9M | $1.4M | 20x | as long as short |
| Aster GUSDT | −1.7042% | 1h | 0.006289 | +0.048% | $623K | $2.0M | 5x | as long as short |
| KuCoin GUSDTM | −1.2576% | 1h | 0.006255 | −0.493% | $1.5M | $1.6M | 30x | as long as short |
| Bitget GUSDT | −1.1488% | 1h | 0.006284 | −0.032% | $1.4M | $10.1M | 50x | as long as short |
| BingX G-USDT | −0.3648% | 1h | 0.006293 | +0.111% | — | $3.1M | — | as long as short |
MEXC G_USDT
Aster GUSDT
KuCoin GUSDTM
Bitget GUSDT
BingX G-USDT