Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.187%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1961.965% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.187%, 7d avg −0.120%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.067% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GENIUSUSDT | 0.3604 | 0.0151 | pay 0.0075% / 4h | 2h 09m | $9.1M | $19.3M | 50x |
| Short | Gate GENIUS_USDT | 0.3597 | 0.0100 | get 0.0050% / 4h | 2h 09m | $249K | $473K | 20x |
Binance GENIUSUSDT
Gate GENIUS_USDTFunding 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
- −$10.68
- Price spread: −0.187% → −0.120%
- −$6.65
- Slippage, 4 orders
- −$171.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$213.83
- Costs to cover
- 1.965%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 56 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, 1 min ago | 2.77 bp | 18.7 bp −$19 | 159.9 bp −$1,599 | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 12.13 bp | 84.3 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
GENIUS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3603 | −0.020% | $1.6M | $2.5M | 25x | as long as short |
| Gate GENIUS_USDTshort | +0.0100% | 4h | 0.3597 | −0.187% | $249K | $473K | 20x | |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3598 | −0.167% | $542K | $1.9M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3597 | −0.198% | $751K | $1.3M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3621 | +0.475% | $95K | $106K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3600 | −0.104% | $2K | $645K | 20x | as long as short |
| Binance GENIUSUSDTlong | +0.0151% | 4h | 0.3604 | long leg | $9.1M | $19.3M | 50x | |
| Extended GENIUS-USD | +0.0152% | 1h | 0.3600 | −0.103% | $2K | $177K | 5x | as long as short |
| MEXC GENIUS_USDT | +0.0154% | 4h | 0.3603 | −0.020% | $490K | $336K | 20x | as long as short |
| BingX GENIUS-USDT | +0.0160% | 4h | 0.3602 | −0.048% | — | $1.8M | — | as long as short |
Bybit GENIUSUSDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USD
MEXC GENIUS_USDT
BingX GENIUS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GENIUSUSDT | +0.0539% | 4h | 0.3602 | −0.060% | $258K | $553K | 20x | as long as short |
Aster GENIUSUSDT